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Wall Street falls as Fed focus, Ford forecasts, frighten investors

Join now for FREE unlimited access to Reuters.com Register All eyes on the Fed’s policy decision on Wednesday Ford sees additional $1 billion in inflationary costs, stocks fall Nike slips after Barclays demotion over China lockdown issues Indices down: Dow 1.73%, S&P 1.8%, Nasdaq 1.58% Sep 20 (Reuters) – Wall Street tumbled on Tuesday as …

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Stocks struggle, dollar dominant ahead of central bank binge

Join now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 S&P 500 futures slide, Nikkei futures fall Fed tops central bank meetings Market tilts towards 75 bps from Fed, PBOC eases Dollar firm near multi-year highs SYDNEY/LONDON, Sept 19 (Reuters) – Shares fell and the dollar strengthened on Monday as investors braced for a busy …

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Frugal is the new cool for young Chinese as economy falters

BEIJING, Sept 19 (Reuters) – Before the pandemic, Doris Fu imagined a different future for herself and her family: a new car, a bigger apartment, fine dining on weekends and vacations on tropical islands. Instead, the 39-year-old marketing consultant from Shanghai is one of many Chinese in their 20s and 30s cutting spending and saving …

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European stocks extend losses as slowdown warnings weigh

Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 16 (Reuters) – European stocks plunged on Friday and Europe’s benchmark German 10-year bond yield hit its highest since mid-June as investors braced for a U.S. rate hike as warnings from the World Bank and the International Monetary Fund fueled fears of a slowdown. …

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Europe heading for recession as cost of living crisis deepens

Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 5 (Reuters) – The euro zone is almost certainly heading into recession, with surveys on Monday showing a deepening cost of living crisis and a bleak outlook that is causing consumers to be wary of spending. Although there has been some easing in price …

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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% …

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Oil slides more than $3 on inflation and Iraq exports

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria March 21, 2016. REUTERS/Leonhard Foeger Join now for FREE unlimited access to Reuters.com Register LONDON, Aug 30 (Reuters) – Oil prices fell more than $3 a barrel on Tuesday on fears that an inflation-induced weakening in …

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Fed minutes show more rate hikes coming, but pace could slow

The Federal Reserve Building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid/File Photo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 17 (Reuters) – Federal Reserve officials saw “little evidence” late last month that inflationary pressures in the United States were easing and worked to force the …

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