Wall Street closed sharply lower as consumer pessimism sparked recession fears
A trader works at the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. REUTERS/Brendan McDermid …
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Analysis: Investors brace for recession, more market turmoil after massive Fed increase
Exterior photo of the Federal Reserve Board Marriner S. Eccles building in Washington, DC, US, June 14, 2022. REUTERS/Sarah Selbiger …
Global firms warn of slowing Chinese demand due to prolonged coronavirus restrictions
May 26 (Reuters) – After two months of harsh COVID-19 lockdowns choking global supply chains, China’s economy is back on …
Big brands are worried about China as the middle class rejects luxury
An empty road is seen in the Shanghai Central Business District (CBD) during lockdown amid the coronavirus (COVID-19) pandemic, in …
Melvin Capital closed after heavy losses in MIM shares, and the market fell
May 18 (Reuters) – Melvin Capital, once one of Wall Street’s most successful hedge funds and subsequently losing billions in …
International brands put a lot of stores in China’s recovery
A woman wearing a face mask rides a shared bicycle on the street in the Central Business District (CBD), amid …
Next week on Wall Street: Signs of a bottom in the market eluding investors after a sharp sell-off
“The Stock Exchange” is seen at the entrance to the New York Stock Exchange (NYSE) on Wall Street in New …
Analysis: S&P 500 whispers bear market grows louder as US stocks continue to slide
NEW YORK, May 9 (Reuters) – The Fed’s hawkish outlook is weakening Wall Street’s outlook for stocks, as some investors …
Singapore banks top their estimates but caution in weak markets
The DBS Bank logo appears in Taipei, Taiwan, January 28, 2022. REUTERS/Ann Wang Register now to get free unlimited access …