Rate-hike fears keep stocks rangebound | The Malaysian Insight

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Rate-hike fears keep stocks rangebound

Major indices on Wall Street finish a choppy session on April 17, 2023 with modest gains ahead of a trove of earnings. – EPA pic, April 18, 2023.

EUROPEAN and US stocks moved little yesterday as investors awaited more company earnings and worried that central banks may keep raising interest rates for longer than expected. In Europe, London’s FTSE 100 rose but the Paris CAC 40 ended lower after striking a fresh record-high at 7,552 points earlier in the day.

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