After skidding 90 percent this year, DIA is on track to be the worst performing Spanish stock in 2018. Shareholders have watched 2.4 billion euros ($2.7 billion) be wiped out, leaving the troubled retailer with a market value of 280 million euros, the lowest since its initial public offering back in 2011.
President Donald Trump issued a fresh appeal to the Federal Reserve to avoid making “yet another mistake” just hours before the central bank starts a two-day meeting at which it’s widely expected to raise interest rates.
The prolonged digital-asset slump is scaring off institutional players, according to JPMorgan Chase & Co., suggesting a fulcrum for cryptocurrency markets is giving way.
Bonds of U.K. retailers extended declines on Tuesday as the industry’s crisis deepens in the run-up to the Christmas holiday.
Norway’s currency slid to the lowest level in almost a year amid a drop in oil prices and may face further pressure heading into 2019.
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