Concerns about Global Economy have caused the stock markets to fall
Concerns about Global Economy have caused the stock markets to fall As a result of rising prices in the United States, Asian stock markets have plunged, raising fears that the Federal Reserve may tighten its monetary policy to combat inflation. At the same time, the US dollar rose to 135 yen for the first time
Read moreStocks drop as Wall Street prepares for inflation data
Stocks drop as Wall Street prepares for inflation data Stocks in the United States fell sharply on Thursday, as Wall Street fretted about critical inflation data due out on Friday. The S&P 500 was down 2.4 percent, and the Dow Jones Industrial Average was down 1.9 percent, or 640 points. The NASDAQ Composite Index dropped
Read moreAs volatile trading on Wall Street continues, stocks dip
As volatile trading on Wall Street continues, stocks dip Investors were disheartened to see further evidence of inflation’s impact on businesses and another grim forecast for the global economy on Wall Street Wednesday, erasing most of their gains for the week. The losses come after a string of choppy trading days, with key indexes swinging
Read moreAs Fears Grow, Stocks Rally. Maintain the shakiness of Wall Street
As Fears Grow, Stocks Rally. Maintain the shakiness of Wall Street Stocks in the United States rose on Tuesday as Treasury yields fell, but Wall Street remained shaky as investors awaited more clarity on interest rates, inflation, and the economy’s trajectory. After reversing a morning loss of 1%, the S&P 500 rose 39.25 points, or
Read moreHigher US bond yields and the USD halted Wall Street
Higher US bond yields and the USD halted Wall Street Higher US bond yields and a stronger USD dragged down Wall Street futures on Monday. Higher bond yields, i.e. higher borrowing costs, are generally negative for corporate profitability, whereas a stronger dollar is unfavourable for export-oriented US MNCs, particularly tech companies. After a slight reversal
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