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Pound stabilising after BoE moves to purchase govt bonds
THURSDAY, SEPTEMBER 29, 2022
The pound sterling is stabilising after the Bank of England (BoE) announced on Wednesday that it would buy as much government debt as needed to restore order after new Prime Minister Liz Truss’s tax-cut plans triggered financial chaos.
Stocks, bonds decline amid price pressure concerns
THURSDAY, MAY 13, 2021
U.S. stocks slumped for a third day and bond yields climbed after a report showed inflation rose more than forecast, adding to concern that price pressures will stifle a recovery in the worlds biggest economy.
Stocks slide for second day
WEDNESDAY, MAY 12, 2021
Energy, financial and industrials shares led U.S. stocks lower as the pullback centered in the technology sector widened while investors remained on edge over the threat of inflation.
Tech sends stocks down with inflation angst rising
TUESDAY, MAY 11, 2021
Technology shares led U.S. stocks lower as surging commodity prices stoked concern about whether inflation will derail a growth rebound in the worlds largest economy and spoil a record stock rally.
Tech leads stock losses as vaccine makers decline
THURSDAY, MAY 06, 2021
Tech led losses in stocks, almost wiping out an advance that was driven by optimism over solid earnings and economic data.
Markets wrap: Tech sell-off sweeps across stocks; dollar climbs
WEDNESDAY, MAY 05, 2021
Volatility gripped financial markets as a sell-off in some of the worlds largest technology companies dragged down stocks.
Stocks climb in volatile trading amid news of GDP, earnings
FRIDAY, APRIL 30, 2021
U.S. stocks rose to a record as investors digested the latest batch of corporate earnings and data that showed that the American economy gained steam in the first three months of the year.
U.S. equities retreat, bonds gain after Fed
THURSDAY, APRIL 29, 2021
U.S. stocks fell, while Treasurys rose after the Federal Reserve maintained its support for the economy.
Tech stocks retreat with megacap earnings in focus
WEDNESDAY, APRIL 28, 2021
U.S. technology stocks fell as investors turned their attention to a batch of earnings from industry heavyweights that have helped drive the market to all-time highs.
U.S. stocks resume rally to record on growth bets
TUESDAY, APRIL 27, 2021
U.S. equities headed for all-time highs amid solid corporate earnings and confidence that the Federal Reserve will remain accommodating even as robust growth takes the worlds largest economy back to pre-pandemic levels.
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