Tech stocks lead US stock market decline

Tech stocks lead US stock market decline

Technology stocks fell in US stock prices while Treasury yields increased as the market absorbed growth opportunities andinflation This will result from China lifting its isolation measures related to the fight against the virus Covid. The ‘Standard & Poor’s 500’ index fell amid weak trading conditions, which saw trading volume drop nearly 20% from its … Read more

The largest investment funds in the world tend to sell shares worth 100 billion

The largest investment funds in the world tend to sell shares worth 100 billion

last shot The final blow came Wednesday when Federal Reserve Chairman Powell warned that interest rates would stay high to tame inflation at the end of the last Fed meeting in 2022, dashing hopes that the central bank was preparing to ease its aggressive tightening campaign. Instead, policy makers have indicated that they will continue … Read more

A US report warns of entanglements between the cryptocurrency sector and Wall Street

A US report warns of entanglements between the cryptocurrency sector and Wall Street

Other risks The Board’s report also identified several non-cryptocurrency-related issues that pose threats to financial markets and institutions, stating that the improved resilience of the $24 trillion Treasury market, which has been hit for several periods lack of liquidity, remains a priority. The advice also said regulators should review structural problems in the market that … Read more

Central bank rate hikes exacerbate the risk of a global recession

Central bank rate hikes exacerbate the risk of a global recession

Publicly, BoE officials see that the UK is already in a recession. European Central Bank officials assume that the euro zone has entered a recession this quarter. The economies of the UK and the Eurozone have been hit by rising energy costs following the Russian invasion of Ukraine. The United States is less exposed to … Read more