served as a wake-up call to anyone doubting the central bank’s determination to combat inflation. Friday’s washout knew almost no bounds: just two members of the Nasdaq 100 closed higher, while five S&P 500-listed companies posted gains, and nine constituents of the S&P/TSX Composite Index were above water.
And be sure to check out our Bloomberg News partner Theo Argitis’sRESPITE IN EUROPE’S ENERGY CRUNCHthis morning amid encouraging commentary from Germany’s economy minister about storage levels in that country. Timing here is crucial, since Western Europe is on tenterhooks ahead of what’s supposed to be three days of maintenance on the Nord Stream 1 pipeline, starting Wednesday.
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