LAST UPDATE: 17:56 Under the heavy shadow of inflation, which continues to gallop out of control in the US, the US market moves on Wednesday, as investors, analysts and economists estimate that its climb to new near 41-year highs will prompt the Federal Reserve to move even more aggressively in terms of raising interest rates, […]
Tag: Wall Street
The dollar’s rally threatens to plunge stocks in the coming weeks
Despite surging inflation squeezing its purchasing power domestically, the US dollar has rallied impressively over the past year. While this is a good development for Americans traveling abroad, Morgan Stanley warned on Monday that many US companies will suffer as their international operations become less profitable, forcing many of them to revise down their earnings […]
Bill Ackman’s SPAC is dead. Long live the… SPARC?
by Chris Bryant Bill Ackman’s decision to return $4 billion to investors rather than pursue a controversial SPAC deal shows admirable restraint. But it’s unlikely to appease the risk-taking gamblers flocking to Pershing Square’s Tontine (better known as PSTH) company. Not only did it fail to pull off an attractive merger, but amateur investors got […]
It lost its profits and Wall closed down, in anticipation of inflation
Wall Street ended the second session of the week with losses, despite attempts to react intra-sessionally, as investors chose to take a wait-and-see attitude ahead of tomorrow’s release of US inflation data for June. Investor caution was fueled today by the strengthening of the dollar, which combined with tomorrow’s US consumer price report, dampened investors’ […]
Pressure continues today on Wall Street amid strengthening of the dollar
Wall Street indexes continued to come under pressure in the second session of the week, as a stronger dollar added to investor concerns about the impact on corporate profitability at US firms, while estimates of a slowdown in global growth due to tougher anti-corruption measures intensified. of the pandemic in many Chinese cities but also […]
Soft gains on Wall Street with an eye on corporate results
LAST UPDATE: 20:04 Wall Street indexes posted modest gains in the second session of the week, erasing small intra-session losses brought on by a stronger dollar, with investors now turning their attention to second-quarter corporate results while awaiting tomorrow’s inflation data. in June. In particular, on the board, the Dow Jones industrial index now adds […]
Wall Street loses momentum ahead of inflation data
LAST UPDATE: 21:59 Wall Street’s indexes, which have been in the green since the start of the session, are losing momentum again, as investors appear to be taking a wait-and-see attitude ahead of tomorrow’s inflation data but the start of of the second quarter corporate results period, which they hope will give them a clearer […]
Significant losses on the Wall with Nasdaq weighing on – 11% ‘free fall’ for Twitter
Wall Street returned to a losing streak at the start of the new week, with the technology sector bearing the brunt of the pressure as new pandemic containment measures imposed by China over the weekend brought fears of a global recession back to the fore. Investors, meanwhile, are gearing up for the start of the […]
Wall losses as pandemic in China overshadows growth outlook
The US market is starting the new week on the left, as China’s “battle” with the coronavirus pandemic has sparked fresh fears of a slowdown in global growth and as investors prepare for the start of the corporate earnings season to get a better insight into the effects of inflation on business activity. On the […]
Wall trims losses, but growth fears remain
LAST UPDATE: 21:08 The US market is starting the new week on the left, as China’s “battle” with the coronavirus pandemic has sparked fresh fears of a slowdown in global growth and as investors prepare for the start of the corporate earnings season to get a better insight into the effects of inflation on business […]
