The major U.S. indexes are falling on slashed forecasts for growth in Europe. Five experts share their thoughts on what the moves could mean.
U.S. stocks took a hit Thursday on concerns around global growth after the European Central Bank cut its forecast for 2019 and announced plans to stimulate the European economy, but Wall Street experts say it's not all bad.
• UBS' Art Cashin said Thursday's drop was a sign"that things are slowing down. We're getting more and more reports that this face-off between the U.S. and China is beginning to affect global trade as a whole, and Europe seems to be floundering a bit. You've got nothing good from Draghi. You're at important technical levels. Monday, you had gone down and had a nice bounce. Yesterday, we retested those lows, but we didn't get a bounce.
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