Stocks, commodities slide as growth worries unnerve investors

  • 📰 Reuters
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Asian shares fell to their lowest in nearly two years on Tuesday, as investors fretted about the toxic cocktail of rising interest rates and lower economic growth.

U.S. stock futures turned positive after declining earlier. S&P 500 stock futures rose 0.4%, Dow Jones futures ticked up 0.3% and Nasdaq futures gained 0.7%.

Oil prices ticked lower on demand worries as coronavirus lockdowns in China, the top oil importer, continued. Commodity-linked currencies including the Australian and Canadian currencies took a beating as oil prices fell.

 

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:

 /  🏆 2. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines