News Formal

9am Markets Update: Stocks struggling for clear direction as focus on interest rates increases

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 71%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Stocks struggled for direction as investors processed a busy day of corporate earnings and fresh signs of strength in the US and UK economies that may support the case for further interest-rate increa

ses.

SAP SE fell, dragging down technology shares and making them Europe’s worst-performing sector Friday, after the software company reported sales for its key cloud unit that missed analyst estimates. Bioprocessing company Lonza Group AG slumped after cutting its 2023 forecast. Contracts for ...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Morning Markets Wrap: Chinese stocks down amid stimulus worry as dollar makes gainsMarket pessimism around Chinese equities ‘probably at a level of extreme,' investment expert warns
Source: businessposthq - 🏆 8. / 71 Read more »

Morning Markets Wrap: Chinese stocks down amid stimulus worry as dollar makes gainsMarket pessimism around Chinese equities ‘probably at a level of extreme,’ investment expert warns
Source: businessposthq - 🏆 8. / 71 Read more »