S&P and Nasdaq extend losing streak amid growing recession fears

Apple drops after Morgan Stanley cut its December shipping target Tesla falls into production loss fears Carvana records its worst daily decline ever Indices: Dow Jones flat, S&P down 0.19%, Nasdaq down 0.51% (Reuters) – The S&P 500 and the Nasdaq closed lower on Wednesday after a choppy session on Wall Street, as investors struggled … Read more

Booming Wall Street boosts global and European stocks; oil slices

WASHINGTON/LONDON (Reuters) – Global and European stocks rose on Friday as Wall Street extended gains on hopes that some central banks will slow down in raising interest rates. Commodity prices took a hit from the strength of the US dollar. Oil prices fell after China, the largest importer of crude, expanded its restrictions on the … Read more

Asia stumbles with coronavirus outbreak in China, volatility in sterling shakes sentiment

SINGAPORE (Reuters) – Asian shares slumped to two-year lows on Wednesday, dragged down by signs that China had no immediate plans to ease tough restrictions on the spread of the coronavirus, while a relentless rise in the dollar and volatility in the British bond market and the pound rattled global investor sentiment. . After a … Read more

Wall Street closed lower as the Fed pound exchange rate rose

Oil prices add to inflation problems after OPEC+ production cut Weekly jobless claims in the US increased more than expected Indices down: Dow Jones down 1.15%, Standard & Poor’s 1.02%, Nasdaq 0.68% Oct 6 (Reuters) – Wall Street’s main indexes closed lower on Thursday as concerns mounted ahead of closely watched monthly nonfarm payroll numbers … Read more

Nasdaq boosted by Tesla, interest rate hike fears remain

Tesla gains on plans to increase production The main indicators are set for the third consecutive quarterly decline Nike backtracks on margin warning and drags sports equipment makers The Dow is down 0.36%, the S&P is flat, and the Nasdaq is up 0.32%. Sept 30 (Reuters) – The Nasdaq rose on Friday as Tesla rose … Read more

Wall Street fell due to growing economic growth concerns

The S&P 500 Index is back to its lowest level in nearly two years Airlines and cruises canceled due to Hurricane Ian CarMax slips by missing second-quarter forecast Indices down: Dow 1.54%, S&P 2.15%, Nasdaq 3.05% (Reuters) – Wall Street fell on Thursday, on fears of a global economic slowdown from aggressive central bank policy … Read more