New York Stock Exchange: ‘It’s a terrible year’

New York Stock Exchange: ‘It’s a terrible year’

Overall, shares of the New York Stock Exchange lost “20% of their value, which is the fourth largest stock loss in history since World War II,” CFRA chief strategist Sam Stovall summarized for AFP. “It’s a Terrible Year”added this specialist in historical stock market statistics. The 2022 rout on Wall Street comes behind the 2008 … Read more

European stock markets closed positive despite the decline in the New York Stock Exchange

European stock markets closed positive despite the decline in the New York Stock Exchange

Despite the fall in the New York Stock Exchange and the close of the London Stock Exchange, the indices fell by 0.70% on Tuesday at Paris0.30% a Frankfurt. On the other hand, the trend was more hesitant Milan (-0.09%). Rising interest rates and a weak start to US stock markets also boosted the stock market … Read more

The Fed raises rates by half a point and is ready for more hikes – Economy

The Fed raises rates by half a point and is ready for more hikes – Economy

The Fed raises rates by half a percentage pointclosing 2023 with the first hit of the brakes on a maxi-squeeze that saw four consecutive increases by 75 basis points. A move that acknowledges the slowdown in inflation (7.1% in November) and the slowdown of the economy, but is not a prelude to a stop: the … Read more