European Central Bank hikes rates to record level
President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the...
Stock markets face a ‘perfect storm’ as high rates and China fears bite, analysts warn
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images...
ECB said it’ll stay the course on rate hikes. But it’s not clear for how long
Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images European Central Bank President Christine Lagarde has repeatedly used the...
The U.S. is massively underperforming global markets
A trader works on the trading floor at the New York Stock Exchange (NYSE), January 5, 2023. Andrew Kelly | Reuters U.S. stocks have fallen...
Dow closes 300 points lower after strong jobs data signals more rate hikes
Stocks fell Thursday after jobs data showed the labor market is still strong despite the Federal Reserve’s interest rate hikes to tame inflation. The Dow...
Dow closes up 500 points, lifted by upbeat earnings, strong consumer confidence data
Stocks jump for a second day Stocks rose for a second day on Wednesday following upbeat earnings results from Nike and FedEx. The Dow Jones...
European stocks close lower after strong U.S. jobs report; Rheinmetall down 12%
[ad_1] LONDON — European markets closed lower on Friday afternoon after a key U.S. jobs report showed unexpected strength in the labor market. The pan-European...
Global markets are tanking ahead of a huge week for central banks
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, June 1, 2022. Brendan McDermid | Reuters LONDON...
‘Nowhere near the bottom,’ top economist says as global markets crater
The Dow Jones Industrial Average plunged more than 1,000 points on Thursday. Brendan Mcdermid | Reuters Stock markets are set for more heavy selling this...