Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 22, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for … Read more

Stocks tumble, dollar soars and bonds plunge as recession fears grow

Dow ready to confirm its bear market MSCI All-World Index at 2-year low The dollar hits a new high in two decades Pound, gilts sell off after UK ‘mini-budget’ NEW YORK/LONDON, Sept 23 (Reuters) – U.S. and European stocks fell on Friday, the dollar hit a 22-year high and bonds sold off again as fears … Read more

Wall Street ends down for third day as growth concerns weigh on tech

Join now for FREE unlimited access to Reuters.com Register Tech stocks down after latest Fed rate move Investors are concerned about the possibility of a recession Darden Restaurants falls on disappointing quarterly sales JetBlue posts lowest close since March 2020 Indices down: Dow 0.35%, S&P 0.84%, Nasdaq 1.37% Sept 22 (Reuters) – Wall Street’s major … Read more

Canada may need a recession to cool down inflation

A person shops at the North Mart grocery store in Iqaluit, Nunavut, Canada July 28, 2022. REUTERS/Carlos Osorio/File Photo Join now for FREE unlimited access to Reuters.com Register OTTAWA, Sept 18 (Reuters) – Underlying inflation pressures in Canada are expected to peak in the fourth quarter of this year, economists told Reuters, although most see … Read more

William and Harry stand vigil with cousins at queen’s coffin

Queen Elizabeth’s grandchildren watch The queue to see the Queen’s coffin stretches for 11 a.m. World leaders start arriving in London for funerals LONDON, Sept 17 (Reuters) – Princes William and Harry stood vigil at either end of their grandmother Queen Elizabeth’s coffin on Saturday, their heads bowed as a line of mourners walked past … Read more

U.S. stocks slip while yields rise, Fed in focus

Join now for FREE unlimited access to Reuters.com Register Fed Dominates Broader Markets, Dollar Appreciates Oil drops on demand worries, US railroad strike averted Treasury Yields Climb as Oil Gold Falls NEW YORK, Sept 15 (Reuters) – Wall Street indexes were firmly in the red after a choppy start to trading on Thursday, while bond … Read more

King Charles, William and Harry reunited in grief to escort queen’s coffin

Queen’s coffin transported from palace to parliament William and Harry in royal procession Four days of lying in state Long queues as people wait for hours to see the coffin LONDON, Sept 14 (Reuters) – King Charles, his sons Princes William and Harry and other senior royals joined a solemn procession carrying away Queen Elizabeth’s … Read more

Wall St falls for 3rd straight session on worries about Fed rate hikes

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 29, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register Best Buy sales beat estimates as discounts drive demand July job openings up sharply Dow down 1.02%, S&P 500 down 1.22%, Nasdaq down 1.45% … Read more

Wall Street ends in a hole after Powell’s Wyoming speech

Fed will continue to tighten until inflation is under control – Powell Core PCE rises 0.1% in July compared to a rise of 0.6% in June Dell and Affirm tumble on weaker forecast Indices down: Dow 3.03%, S&P 3.37%, Nasdaq 3.94% Low for the week: Dow 4.2%, S&P 4%, Nasdaq 4.4% Aug 26 (Reuters) – … Read more

U.S. housing starts near 1-1/2-year low; factory output rebounds

U.S. housing starts near 1-1/2-year low; factory output rebounds

Housing starts fell by 9.6%; building permits fall by 1.3% Single-family housing starts fall by 10.1%; permits down 4.3% The housing construction order book increases by 5.0% Manufacturing production rebounds by 0.7% WASHINGTON, Aug 16 (Reuters) – U.S. home construction fell to its lowest level in nearly a year and a half in July, weighed … Read more