The JSE was firmer on Tuesday morning, while its global peers were mixed, as investors assess the latest corporate earnings and await this week’s pivotal Federal Reserve meeting.
Markets are barely changed as they brace not only for the expected 75 basis point Fed rate increase and further signals from chair Jerome Powell but also earnings outlooks from big tech companies. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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Business Maverick: Stocks, US equity futures dip on recession worries: markets wrapStocks and US equity futures slipped on Monday, sapped by a dimming economic outlook that’s also cooling expectations for peak interest rates and bolstering sovereign bonds.
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