INSUBCONTINENT EXCLUSIVE:
US Stock Markets Today: S-P 500 Index declined 1.9%United States stocks slid as a post-Thanksgiving selloff spread across global markets
amid fears a new coronavirus variant identified in South Africa could spark fresh outbreaks and scuttle a fragile economic recovery
Travel and leisure stocks tumbled, while stay-at-home shares gained
points, while traders pushed back expectations for rate increases
The Japanese yen emerged as the main haven currency of the day, with the dollar falling
Oil tumbled toward $70 a barrel in New York and gold climbed.The World Health Organization and scientists in South Africa were said to be
The new threat adds to the wall of worry investors are already contending with in the form of elevated inflation, monetary tightening and
They can't fight inflation and boost growth at the same time
and Royal Caribbean Cruises Ltd
Zoom Video Communications Inc
and Peloton Interactive Inc
Europe, the Middle East and Africa at Cowen
adopted a Jekyll-and-Hyde posture for months, with equities rallying to newer records even as concerns intensified over a toxic combination
of high inflation and slower growth
Investors poured almost $900 billion into equity exchange-traded and long-only funds in 2021 -- exceeding the combined total from the past
an interview with Bloomberg TV
rate increase by the Federal Reserve to September from June, while briefly pricing out any more hikes unit 2023.They also bet on less than a
10-basis-point hike by the Bank of England next month, compared with 35 basis points projected a month ago
They called for seven basis points of tightening by the European Central Bank by December 2022 as against nine basis points seen
A gain for the euro, the biggest component of the Bloomberg Dollar Spot Index, also curbed the greenback.MSCI Inc.'s Asia-Pacific equity
assets were in emerging markets
The MSCI EM Currency Index fell to a six-week low.While the selling continued unabated, some investors said it's important not to get
been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
