Stocks slide, dollar climbs as rate hike concern in focus

fell 3%. S&P 500 futures dropped 0.8% while FTSE futures and European futures were off by more than 1%. Oil fell 2.7%.The euro was broadly steady at $1.0802, compared with broad dollar gains elsewhere, and it touched an almost two-month high against a struggling sterling .

U.S. shares had tumbled at the end of last week after Federal Reserve Chairman Jerome Powell said a 50-basis-point rate hike was on the table at May's meeting and St. Louis Fed President James Bullard floated the idea of 75 bp hikes. The Treasury market steadied, keeping the benchmark 10-year yield at 2.8581% and the two-year yield off last week's highs at 2.6399%.

The dollar was also on the march elsewhere though trade was thinned a bit by public holidays in Australia and New Zealand. The Aussie slid 0.8% to a six-week low of $0.7185 and the kiwi fell 0.4% to a two-month low of $0.6603.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

UBS expects these Chinese stocks to soar by over 30%, despite China's Covid controlsBased on China's latest Covid control measures and rising inflation, UBS analysts have shaken up their list of top stocks for investing in the country. covid is gone interesting because china stock market is down nearly 600 pts right now Lets see when UBS dumps Chinese stocks it touts now.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Top Wall Street Analysts Like These Stocks for Long-Term UpsideTipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks including eBay and Booking Holdings. I would never take investment advice from a woke democrat propaganda news network
Herkunft: NBCDFW - 🏆 288. / 63 Weiterlesen »

These 20 highly rated stocks are expected to rise at least 70% over the next yearThese stocks have fallen significantly this year but are expected by investment analysts to roar back:
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »