News Formal

World stocks stuck in worst run of the year ahead of ECB meeting

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The MSCI world share index falls for a fourtg day with Wall Street stocks falling to a three-week low on economic growth worries

Traders work on the floor of the New York Stock Exchange. Picture: REUTERS/BRENDAN McDERMID

A return to what was once its flagship crisis-fighting tool would be a wrenching change of direction for the ECB just months after it wound down its €2.6-trillion quantitative-easing programme, Wall Street’s main indices had fallen for a third straight session, with the S&P 500 posting its biggest one-day decline in a month, as investors sought reasons to buy after a near 20% rally since the start the year.

The ADP national employment report showed private payrolls increased by 183,000 in February after surging 300,000 in January. Economists polled by Reuters had forecast private payrolls advancing 189,000 in February.

 

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

 /  🏆 12. in BUSİNESS

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.

Rand a little firmer as market eyes ECBThe European Central Bank policy announcement is Thursday’s main event, with the expectation that stimulus is on the way
Source: BDliveSA - 🏆 12. / 63 Read more »