The Week Ahead: August 24, 2015 - Gainesville Coins News
No Minimum order! We accept Pay with Credit Card
Call Us: (813) 482-9300 Mon-Fri 9:00AM-6:00PM EST
Login or Register
Log into your account
About Gainesville Coins ®
Billions Of Dollars Bought And Sold A+ BBB Rating 10+ Years No Hidden Fees Or Commissions All Inventory Ships Directly From Our Vault

The Week Ahead: August 24, 2015

blog | Published On by
The Week Ahead: August 24, 2015
  • Global markets sink into the red 5%+ across the board by on what was quickly dubbed “Black Monday” in the media and on Twitter.
  • The Dow Jones Industrial Average plummets more than 1,000 points at Monday's opening bell before recovering some of its losses.
  • Crude oil loses over 5% Monday morning as the markets wonder how far it will fall. WTI crude crossed under $40 per barrel for the first time in 6 years.
  • The Shanghai Composite loses 8.5% overnight in the worst-ever day for the benchmark mainland exchange.
  • A September rate hike from the Federal Reserve, once a foregone conclusion for analysts, are now in doubt after the worldwide stock correction. Investors will watch whether or not stock indices bounce back after last week's steep losses.
  • Shares of AGL Resources Inc. surge more than 26% after the company is acquired by utilities firm Southern Co. for $8 billion in cash.

About the Author

Everett Millman

Everett Millman

Analyst, Commodities and Finance
Managing Editor

Everett has been the head content writer and market analyst at Gainesville Coins since 2013. He has a background in History and is deeply interested in how gold and silver have historically fit into the financial system.

In addition to blogging, Everett's work has been featured in CoinWeek, Advisor Perspectives, Wealth Management, Activist Post, and has been referenced by the Washington Post.

This site uses cookies for analytics and to deliver personalized content. By continuing to browse our site, you agree that you have read and understand our Privacy Policy.