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S&P 500 logs worst day in 6 weeks as Turkey’s lira crisis spotlights global risks

“Also read: Another stock market risk: GDP growth is slowing across the globe Providing critical information for the U.S. trading day” writes Markets Reporter for See more in the U.S. Economic Calendar. “Turkey’s currency volatility has recently accelerated and now gotten to the point where it’s beginning to impact global markets as investors worry about European banking exposure,: said Alec Young, managing director of global markets research at FTSE Russell.Friday was the Dow’s third straight daily decline, as well as its biggest one-day percentage fall since July 11.

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