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Global Equities Market hit by Surging Covid Cases in China
Stock markets have either retreated or are trading flat, thanks to the second-largest economy in the world experiencing a surge in covid-19 cases What You Need To Know The U.S. equities market dropped last night followed by Asian equities markets due to the worsening outbreak of Covid-19 in China. The first Covid-related …
Bank of England Ends Gilt-Buying, Markets Risk-Off
Market Focus U.S. equities edged lower over the course of yesterday’s trading. The Dow Jones Industrial Average, however, was able to edge slightly higher by 0.12% to close at 29239.19. The S&P 500 lost 0.65% to close at 3588.84. The tech-heavy Nasdaq Composite retreated 1.1% too close at 10426.19. The risk-off sentiment …
Markets Quiet Ahead of Key Fed Data
Market Focus US stocks edged higher on Monday, flirting in a choppy session amid the lowest intraday volatility and volume of the year ahead of the key Fed meeting this week. Big technology companies remained under bearish pressure as markets are expecting bad news from the earnings report season. Investors are waiting …
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