Business Maverick: Stocks Drift Sideways After Weak Economic Reports: Markets Wrap

The S&P 500 swung between gains and losses. The dollar halted a four-day rally, while Treasury 10-year yields dropped below 3%.

contracted for a second straight month, reflecting softer demand at both manufacturers and service providers.event after recent comments from Fed officials convinced many investors the central bank will continue to tighten aggressively, even into a slowing economy.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks fall again as Europe’s gas woes biteEnergy prices stoke fears of recession and push bond yields higher A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake buy when I try it I realise that is real so I won’t keep silent I need everyone to smile like me Andrew_01cassen
Source: BDliveSA - 🏆 12. / 63 Read more »

US stocks end sharply lower on fears of aggressive Fed rate hikeThe Fed’s gathering later this week in Jackson Hole is expected to reinforce a strong commitment to stamp out inflation
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: Asian stock gauge drops amid rise in yields, crude: markets wrapStocks retreated in Asia on Tuesday amid worries about Federal Reserve monetary tightening that have also boosted bond yields. Oil topped $91 a barrel after Saudi Arabia said OPEC+ may be forced to cut output.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Stocks Drift Sideways After Weak Economic Reports: Markets WrapStocks struggled for direction, with traders sifting through weak economic data and awaiting more clarity on the Federal Reserve’s monetary policy path from the Jackson Hole central bankers’ symposium later this week.
Source: dailymaverick - 🏆 3. / 84 Read more »