Global Stock Market

More pain for equities seems to constitute a new status quo. Wall Street’s main indexes sank deeper Tuesday after earlier rally in stocks on positive economic data. The latest retreat comes after Fed policymakers defended more interest rate hikes even at the risk of slowing economic growth.The benchmark S&P 500 …

Japan’s Nikkei closed higher on Tuesday, led by blue-chip Fast Retailing, as investors scrambled to buy shares battered by a global sell-off, with the US Federal Reserve repeating its stance of maintaining its hawkish policy of raising interest rates. The Nikkei index closed up 0.53 percent at 2,6571.87 points, rebounding …

US stocks and oil prices declined in choppy trading on Monday, even as the dollar and Treasury yields rose, as Wall Street digested a raft of what it read as negative macroeconomic news.With markets already jittery from central bank signals of additional interest rate hikes, U.K. government fiscal plans released …

JPMorgan expected the price of Brent crude to rise again towards levels of $100 a barrel, with supply shrinking in the coming months. And the US bank said in a note last week that Brent crude will record levels of $ 101 a barrel in the fourth quarter and $ …

Citing calculations made by Tokyo money market brokerage firms, Reuters reported on Monday that Japan’s intervention in the foreign exchange market on September 22 is estimated to be around 3.6 trillion yen ($25 billion). Japan’s Ministry of Finance is expected to unveil the amount spent during the intervention on Friday. …

Japanese stocks closed lower on Monday as investors returned from a long weekend to markets affected by the Japanese authorities’ intervention to support the currency, the collapse of the British pound and increasing recession fears. The Nikkei index fell at close 2.66 percent to 26431.55 points, after falling to 26,424.60, …

The stock market has experienced two rough weeks, ending recently with a warning from FedEX about an imminent slump in the global economy that sent shares to the red territory.FedEx is but one business among millions of companies across the world, especially in the advanced countries. Transportation stocks are giving …

US stocks collapsed on Friday and were heading to record another losing week as investors are generally afraid that the Fed’s hawkish stance could lead to an economic downturn.The Dow Jones Industrial Average fell by 470 points, or 1.55%, while the S&P 500 slid 1.8%. The Nasdaq Composite lost 1.8%.Friday …

US stocks fell on Thursday, for the third successive day after the Fed delivered another aggressive 75 base point rate hike. The monetary policy decision, originally meant to encounter hot inflation, triggered anew fears that the US economy could fall into a recession.The Dow Jones Industrial Average was last down …

Stocks fell in volatile trading Wednesday after the Federal Reserve raised rates by 75 basis points and forecast more sizable rate hikes ahead in its fight to tame surging inflation.The Dow Jones Industrial Average slid 522.45 points, or 1.7%, to close at 30,183.78. The S&P 500 shed 1.71% to 3,789.93, …