
Global stock markets were sinking Thursday morning, ahead of several key U.S. economic reports, including the Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) price index. These reports are crucial indicators of the health of the U.S. economy and can significantly influence market sentiment.
At 2 a.m. ET, Asian shares were down across the board, with the Asia Dow down 1.24%, the Nikkei down 1.62%, and the Hang Seng down 1.43%.