US stocks stumble on worries over economic growth outlook
May 19, 2022US equities finished lower as concerns over high inflationary pressures outweighed the quest to hunt for stocks that are beaten down. Consequently, the S & P 500 lost 4.04%% to close…
Finland and Sweden ready to join NATO prompted by…
May 18, 2022Finland and Sweden have handed in their formal applications to join NATO, while US has started preparing a military aid package to steer India away from Russian weapons. Russian military said that almost 1,000 Ukrainian troops…
US stocks mixed, bonds yields rise amid analysis of…
May 17, 2022US Equities finished mixed, Bonds yields went northwards as some appearance of appetite for risk assets resurfaced but investors still concerned about global economic growth, surging commodity prices and monetary…
US stock futures fall on lower-than-anticipated China economic data
May 16, 2022US equities finished higher while futures declined amid frail economic data from China fuelling worries about global outlook and wiping out the hopes of a rebound in risk assets. Although…
US equities mixed, bonds yields rise as Powell brushes…
May 13, 2022US Stocks finished mixed and Bonds yields rose amid Federal Reserve Chair Jerome Powell’s remarks dismissing the notion of higher interest rate hikes. Consequently, the S & P 500 lost…
US equities fall on inflation concerns
May 12, 2022U.S. stocks dwindled as markets struggled with the monetary policy effects of the hotter than expected CPI report coupled with worries over rising interest rates and a slowdown in economic…
US equities mixed; bonds yields decline ahead of US…
May 11, 2022US stocks finished mixed and Bonds yields went southwards as markets gauged ongoing effects of Fed’s plan to control inflation and the possibility of an economic slowdown. Consequently, the S…
US equities fall, futures rise amid worries on inflation…
May 10, 2022U.S Stocks finished lower, and futures rose as dip buyers surfaced capitalizing on the selloffs witnessed yesterday despite concerns over inflation & economic growth outlook. Consequently, US stock prices closed…
US equities fall, bonds yields rise on aggravating economic…
May 9, 2022US stocks stumbled, and Bonds yields rose amid elevated unpredictability regarding whether the Fed would be able to put together a soft economic landing after stepping up its monetary policy…
US equities stumble, bonds yields rise on inflation concerns
May 6, 2022US Stocks slipped, and bonds yields rose as inflationary pressures, rising cost of borrowing coupled with China’s Covid lockdowns weakened market sentiment. Consequently, the S & P 500 lost 3.56% to…