Business Maverick: Stocks, US Futures Waver Amid Fed, China Worries: Markets Wrap

Shares fell in Japan and fluctuated in Hong Kong and China, while S&P 500 and Nasdaq 100 contracts were steady. Global equities are nursing losses for the week, hurt by the risk of an economic downturn as the Fed tackles inflation.slid for a third day as Tencent Holdings Ltd.’s decision to shut its game streaming service further hurt sentiment in a sector already bogged down by regulatory risks.

A dollar gauge was in sight of its highest level since 2020. Oil fell, squeezed by plans to release millions of barrels of crude from strategic reserves and China’s demand-sapping virus outbreak.

• There’s no greater joy than having financial freedom and a life free of debts, that’s why I Zaza posting comments about AdamTrey01 who guided me trading onlin

Business Business Latest News, Business Business Headlines

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

Business Maverick: U.S. Bonds, Stocks Sink as Rate-Hike Bets Ramp Up: Markets WrapThe U.S. bond selloff deepened and stocks declined on Wednesday as investors positioned for a stepped-up campaign of monetary tightening by the Federal Reserve to tackle high inflation.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Goldman Sees U.S. Inflation Peaking Now and Recession Risk RisingGoldman Sachs Group Inc. expects U.S. inflation to come in below 4% this year, while growth in equities will be relatively flat, according to Meena Lakdawala-Flynn.
Source: dailymaverick - 🏆 3. / 84 Read more »