MARKET WRAP: JSE pares losses, but global recession fears remain

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Sentiment remains fragile as data from the US this week mostly signalled a slowing economy

The JSE pared losses on Friday, ending off its lows, with global markets staging a rebound after more hawkish comments from the Federal Reserve sparked global recessionary fears.

Global markets got a slight boost from a positive earnings report from Netflix, after posting more subscribers than expected even though its quarterly earnings missed analysts’ estimates...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 TimesLive Premium.

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:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

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

MARKET WRAP: JSE and rand under pressure on hawkish Fed commentsUS central bank officials reiterated the need to keep monetary policy restrictive for longer, unsettling investors
Source: BDliveSA - 🏆 12. / 63 Read more »