Market Update: Global Studies Markets Slip Ahead of the UK Parliamentary Vote

The global stock markets collapsed in losses due to multiple reasons:

1) The UK Manufacturing Production fell by -0.9% in October, raising concerns of a slowdown in the economy. A drop in manufacturing means less finished goods for companies which ultimately leads to fewer sales and revenue.

2) Worries over slowing growth and fears that a rise in tensions between Washington and Beijing could sink chances of a trade deal.

3) Britain’s parliamentary vote on Brexit is also threatening the stock market investors.

• S&P 500 ( SPX ) Futures trades at 2,627.12, down by -0.34%
• Nasdaq 100 trades bearish at 6,613.28, down by -3.30%
• DJIA fell to 24,388.95 by -2.24%
• DAX trades at 10,730.69, down by -0.53%