S&P futures up 1.13%, European stocks gain 0.96% MSCI Asia ex-Japan +1.8%, Nikkei +2.64% Worries over inflation, tightening policy remain Dollar hovers near 20-year highs on safe-haven demand LONDON/SHANGHAI, May 13 (Reuters) – World stocks rose from the previous day’s 18-month lows and the dollar pulled back from 20-year highs on Friday, though investors […]
An “Apply Now” sign stands outside the new Faccia Brutta Bar Pallino looking to hire employees on Newbury Street in Boston, Massachusetts, US, April 27, 2022. REUTERS/Brian Snyder Register now for FREE unlimited access to Reuters.com Register Weekly jobless claims increase from 1,000 to 203,000 Continuing claims drop 44,000 to 1.343 million Producer prices rise […]
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar hits 2yr highs on […]
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 11, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on Q1 revenue slump, net loss Indexes: Dow down 0.1%, S&P down 0.6%, […]
MILAN, May 11 (Reuters) – World shares turned lower on Wednesday and bond yields shot up after US data showed inflation there slowed down less than expected last month, cementing expectations of aggressive rate hikes by the Federal Reserve. US futures turned negative after data showed US annual consumer price growth slowed to 8.3% in […]
An eagle tops the Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – Interest rate jitters keep hammering the US bond market but some investors are starting to think a possible slowdown in price pressure as well as […]
Cathie Wood, Founder, CEO and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, US, May 2, 2022. REUTERS/David Swanson Register now for FREE unlimited access to Reuters.com Register NEW YORK, May 10 (Reuters) – The global economy is in recession and recent stock market volatility is a […]
NEW YORK, May 10 (Reuters) – In the wake of the 50-basis-point interest rate hike by an increasingly hawkish Federal Reserve, markets have gyrated wildly ahead of this week’s US economic data, which will be closely parsed for signs that inflation is peaking. Price growth has soared to the highest level since the early 1980s […]
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 9, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register All eyes on US CPI data on Wednesday Peloton falls as CEO says business “thinly capitalized” NEW YORK, May 10 (Reuters) – The […]
NEW YORK, May 10 (Reuters) – Wall Street stocks turned lower in a volatile session and oil prices fell on Tuesday with risk appetite appearing to falter as investors turned to safe havens such as Treasuries amid fears about inflation and slowing economic growth. US Treasuries rallied, with the yield on the benchmark 10-year note […]