Stocks in the US fell in turbulent trade as the Federal Reserve announced a $95 billion monthly balance sheet reduction
Stocks in the US fell in turbulent trade as the Federal Reserve announced a $95 billion monthly balance sheet reduction In a bumpy trading day on Wednesday, US equities sank after minutes from the Federal Reserve’s most recent meeting revealed intentions to decrease its balance sheet by $95 billion each month. A total of $60
Read moreEuropean markets end the day neutral, reflecting global caution; Vestas surges 8%
European markets end the day neutral, reflecting global caution; Vestas surges 8% On Tuesday, European stock markets were divided as investors focused on the Ukraine-Russia crisis and economic statistics. The Stoxx 600 index in Europe concluded flat, with utilities up 2% and construction and material sectors down 1.8 percent. In terms of individual stock price
Read moreOvernight, US equities continued to swing back and forth; buyers swooped in on tech firms
Overnight, US equities continued to swing back and forth; buyers swooped in on tech firms Investors snatched up some of the technology firms that had been under pressure to start the year, sending U.S. equities higher on Monday. The Nasdaq Composite Index, which is centred on technology, rose 271.05 points, or 1.9 percent, to
Read moreDue to virus worries weigh on the S&P 500 and Dow, oil equities drive the indexes down
Due to virus worries weigh on the S&P 500 and Dow, oil equities drive the indexes down On Monday, the S&P and Dow indices fell from record highs as fears over mounting COVID-19 cases weighed on oil and other growth-sensitive industries. Energy stocks, which were down 1.2 percent, took the brunt of the selling as
Read moreThe financial markets in the US and Europe have had their worst quarter since the COIVID-19 outbreak
The financial markets in the US and Europe have had their worst quarter since the COIVID-19 outbreak Global stock markets fell on Thursday, with the S&P 500 falling more than 1.5 percent as investors worried about a recession and the Russian-Ukrainian conflict, while oil prices fell more than $6 as Washington began releasing a record
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