What happened? Global stocks slumped with major indices recording significant losses. S&P 500 fell 1.8% on Friday, 2 Aug STI fell 4.1% to 3,244 on Monday, 5 August Nikkei 225 fell by 12.4% on Monday, 5 August Oil prices spiraled downwards. WTI was down 4.05% on Friday to US$73.22, and Brent fell 3.6% to US$76.80.US 10-year treasury yields […]

source: https://thefinance.sg/2024/08/05/sti-and-sp-500-slump-amid-stock-market-sell-off-what-to-watch-out-for-next/