The Dow Jones index continues to decline for the sixth consecutive session
The Dow Jones Industrial Average fell for the sixth day in a row on Thursday, as investors worried that inflation will remain high for longer … Read more
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Dollar rises after US inflation data
The dollar rose strongly from its lows on Wednesday after economic data showed that inflation is unlikely to prompt the Federal Reserve (the US central … Read more
Collective declines in European indices and travel sector stocks lose more than 3%
European markets closed lower on Thursday, although higher during the start of the session, as traders evaluated the warnings from the Bank of England and … Read more
Wall Street closes sharply lower due to the decline in Amazon shares and inflation fears
Wall Street closed sharply lower on Friday, as Amazon stock fell after a negative quarterly report, and the biggest rise in monthly inflation since 2005 … Read more
The dollar is rising due to expectations of an interest rate hike… and the sterling is falling to its lowest level in 18 months after pessimistic economic data
The dollar rose to its highest level in more than two years Friday, April 22nd, continuing to get support from Federal Reserve Chairman Jerome Powell’s … Read more
The German Central Bank expects the first rate increase in the euro area to be in the third quarter
Germany’s Bundesbank President Joachim Nagel said on Wednesday that economic data for now indicates that the European Central Bank should end bond purchases soon. Speaking … Read more
Wall Street closes lower as growth stocks fall on higher bond yields
Wall Street’s three major US stock indexes closed lower on Thursday at the end of a shorter week due to the Good Friday holiday, as … Read more
OPEC lowers its forecast for oil demand in 2022 due to the war in Ukraine
The Organization of the Petroleum Exporting Countries on Tuesday lowered its forecast for global oil demand growth in 2022, citing the consequences of Russia’s invasion … Read more
Wall Street opens lower as bond yields soar
US stock indexes opened lower on Friday, dragged down by growth-related stocks and technology stocks as bond yields soared at the end of a volatile … Read more
Wall Street closes higher, supported by a rise in technology stocks
The S&P 500 closed higher on Thursday, April 7, supported by gains in Microsoft, Tesla and Apple, while investors focus on the war in Ukraine … Read more