The Swiss bank UBS remains optimistic about US stocks, pointing to the Fed’s announcement of a cut in key interest rates on Friday and to overall healthy profit growth among companies as support. The signals from Fed President Jerome Powell of an impending interest rate turnaround had created a buying mood on the market before … Read more
After an all-time great start, the European collective index Stoxx 600 will end the year at 452 points, according to a survey conducted by Bloomberg with 19 market analysts. This indicates a fall of 1.2 per cent from Wednesday’s closing price. The index contains 600 large, medium and small companies from 17 European countries. Goldman … Read more
– If we have a severe recession, we should expect the stock market to drop by a further 20-30%, Dimon warned at an Institute of International Finance meeting last week. Henrik Sommerfelt, who heads CMC Markets in Scandinavia. Photo: CMC Markets Further declines of this magnitude would be alarming for already embarrassed investors. Nordnet recently … Read more
– NEW YORK Concerns about the economy due to high inflation and the resulting need for a quick turnaround in interest rates pushed the leading US index down almost 5 percent last week to its lowest level since the end of 2020. The week before, the loss had been almost as high. For many market … Read more
First up, then down again: The nervousness among investors keeps the US stock exchanges in suspense. Photo: John Minchillo/AP/dpa – — First, the markets in the USA had recovered significantly, but then things went downhill again: There are probably several reasons for the increased nervousness among investors. – New York – As won as it … Read more
NEW YORK (dpa-AFX) – Disappointing quarterly reports from large tech companies slowed down the recently improved mood among stock investors on Friday. While the prices of Intel, Apple and above all Amazon slipped before the market, the Nasdaq 100 selection index, which is characterized by the tech industry an hour before the start of the … Read more
NEW YORK (dpa-AFX) – The most important US stock indices are likely to start trading with slight losses on Monday after the long Easter weekend. Around three quarters of an hour before the start of trading, the broker IG appraised the leading index Dow Jones Industrial 0.1 percent lower at 34,404 points. The technology-heavy and … Read more
NEW YORK (dpa-AFX) – Before the weekend, the US stock market, under the impression of a major rise in interest rates looming, once again significantly increased its already strong losses from the previous day. The day before, US Federal Reserve Chairman Jerome Powell had spoken about a major interest rate hike at the next Fed … Read more
NEW YORK (dpa-AFX) – The US stock market is still under the impression of an emerging major interest rate hike before the weekend. The day before, US Federal Reserve Chairman Jerome Powell had spoken about a major interest rate hike at the next Fed meeting in early May, thereby spoiling the good mood in the … Read more
NEW YORK (dpa-AFX) – Investors’ fears of significantly rising interest rates upended the initially good mood on the New York stock market on Thursday. Positively received quarterly figures from large US companies quickly faded into the background. The leading index Dow Jones Industrial lost 1.05 percent to 34,792.76 points. The market-wide S&P 500 dropped 1.48 … Read more