Global stocks up as traders digest U.S. Fed anti-inflation pledge

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 99%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Asian stocks mixed after Wall St fell on Fed inflation move

Wall Street futures were higher after the benchmark S&P 500 index fell 0.7% on Monday, adding to last week's losses.

In early trading, the FTSE 100 in London opened up 0.6% at 7,472.03 and Frankfurt's DAX added 1.4% to 13.079.12. The CAC 40 in Paris gained 1.1% to 6,288.59.On Monday, the Dow dropped 0.6% and the Nasdaq composite tumbled 1%. Investors worry rate hikes by the Fed and by central banks in Europe and Asia might derail global economic growth.

Some investors had hoped that the Fed would ease up if inflation subsides. That sentiment led to a rally for stocks in July and early August.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités