Global stocks fall on fears of raised interest rates

The FTSE 100 also ended lower, weighed down by shares of consumer companies and industrial stocks, while improving employment conditions in the UK and rising US treasury yields signalled growing bets of tighter monetary policies.UnileverUnilever extended declines from the previous session, and was down 4 per cent, near a five-year low, as the company signalled on Monday it would pursue a deal for GSK’s consumer business, calling it a “strong strategic fit”.dropped 9.

Goldman’s plunged 7.7 per cent after missing fourth-quarter earnings estimates on weak trading activity, dragging the S&P 500 banks index down by 2.4 per cent.

Fear of what has long been been flagged

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Enterprise Ireland chief: global supply chain backlog ‘to continue for another year’ | Business PostLeo Clancy also says sustainability has risen high on the agenda of Irish companies in his first year in the role of chief executive
Source: businessposthq - 🏆 8. / 71 Read more »

Can Ireland For Law sell the state as a global litigation destination? | Business PostThe government’s new marketing strategy hopes to encourage international companies to look to this country for litigation and legal advice. Can it achieve its ambitious goals? sanzscript reports.
Source: businessposthq - 🏆 8. / 71 Read more »

AIB to raise negative rates for some business customersAIB has begun writing to business customers with balances in excess of €1m to inform them that it intends to increase the negative rate they will be charged on their deposits to -0.75%.
Source: RTEbusiness - 🏆 16. / 61 Read more »