MARKET WRAP: JSE falls as Fed comments result in sell-off in tech stocks

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

Local bourse followed its global peers weaker on Friday with technology stocks, seen as most sensitive to higher interest rates, hit the most

The JSE closed weaker on Friday, tracking its global peers as comments by US Federal Reserve officials led to a sell-off in technology stocks.

In addition to prospects of a first rate hike in March, Fed officials have delivered some hawkish testimony before Congress this week, as higher energy costs and supply-chain disruptions stoke price pressures in the world’s largest economy...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.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Words alone can't express how thankful I’m. I thank God my friend recommended you to me. TarellaCampbel investing with you has been a good opportunity for me and my family I just received my profit within seven days of investments.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

MARKET WRAP: JSE muted as investors digest US inflation reportSoaring consumer prices in the world’s leading economy has fuelled expectations of multiple rate hikes To make it all easy to your understanding,, it's based on investment whereby you're given the opportunity to make investment with a minimum amount and you get returns from a weekly trade carried out in the platform... ASK ME HOW
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »

Gauteng’s property market lags other metrosGauteng’s property market lags other metros: Broker survey shows bleak prospects for Gauteng in 2022 as coastal areas lead in commercial, retail and industrial property Wow - chilly elsewhere in Jozi I see! Or is it just the realty price freeze?
مصدر: mailandguardian - 🏆 2. / 92 اقرأ أكثر »