How the stock market’s crash affects the global economy
Share this article Share The U.S. stock market fell more than 4% on Tuesday, and it’s now trading at a record low for the year, according to the data provider S&P Global Market Intelligence.
That is the biggest percentage decline since the year before the 2008 financial crisis.
The stock market also slid for the second straight day as investors weighed the impact of a global trade war between the U.K. and the U, the world’s second-largest economy.
S&: Global Market Insight is the world leader in tracking global markets.
It tracks more than 10,000 stocks and compares their price movements to historical averages.
The data firm said its global index was down about 4% Tuesday.
The S&s global index rose 0.5% for the day.
The index, which tracks the U