Tech leads European stock sell-off on bets of aggressive Fed rate hikes - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

European shares fell on Friday, tracking a sell-off in global markets after red-hot US inflation data fuelled bets on a more aggressive Federal Reserve rate hike, though dovish comments from the European Central Bank chief stemmed some losses.

The pan-European STOXX 600 dropped 1.0% after data showed U.S. consumer prices saw the biggest rise in 40 years in January, and St. Louis Federal Reserve Bank President James Bullard said the print had made him “dramatically” more hawkish.

All subsectors and regions of the STOXX 600 were in negative territory, but rate-sensitive tech stocks were the biggest decliners, plunging 1.8%. The STOXX 600 is set to log its first weekly gain in 2022 on positive earnings and hopes that the ECB may not shift its accommodative stance this year, although price pressures, worrying economic data, and central bank officials’ comments raise fears that the banks may need to act aggressively to curb inflation.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 37. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

I lost my wife and job in the same year. I'm now raising our children alone and we're struggling😔. They slept hungry for two days now💔. I humbly ask for mealie meal we'll eat it with sugar water🙏🏻🧎‍♂️. I can go days without eating, they can't😔💔

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Hyundai and Kia grab market share as Europe shifts to EVsKorean brands are first and second in terms of share gainers Please keep up the good work, it was mind blowing when I opened my wallet and saw profit of R70k from the investment of R7600 MichaelWeldon_
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

South Africa to fast-track regulations for the local cannabis industryPresident Cyril Ramaphosa says that the government will fast-track regulations for the cannabis industry in South Africa.
Fuente: BusinessTechSA - 🏆 24. / 61 Leer más »

Inflation worries temper Asian stocks rallyA report from the US later on Thursday will give direction on interest rate hikes I have benefited from at least R40k a week with williamchurch09 through his recommended platform with my small investment. Don't spend all your money without investing. williamchurch09 is a life saver, join me and win also in with good hands As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of _AMBREYMARCUS1 I made a successful withdrawal of R 200,000 with the help of _ambreymarcus1.
Fuente: BDliveSA - 🏆 12. / 63 Leer más »