ECONOMY & MARKETS

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.

Wall Street Slips On Losses In Apple, Energy Shares

Wall Street edged lower on Thursday in choppy trading as losses in Apple Inc and energy companies dampened the bullish resolve of the major indexes that had rallied in the previous session to its best in a week.

Wall Street Ends Mixed As Investors Eye Jobs Data

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.
Wall Street's main indexes ended mixed in a dull session on Thursday as gains in high-growth stocks offset losses in energy shares, with investors looking ahead to monthly jobs report for clues on the pace of interest rate hikes by the Federal Reserve.
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A man walks under an electronic screen showing Japan's Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022.

Stocks Steady As Markets Bet On Hefty Bank Of England Hike

Strong earnings at Credit Agricole and Lufthansa lifted stocks on Thursday as tension over Nancy Pelosi's visit to Taiwan eased and markets bet the Bank of England will hike interest rates by the largest amount since 1995 to quell inflation.
San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S., July 16, 2019.

Fed's Daly Says 50-basis-point Rate Hike Next Month Is 'Reasonable'

It would be 'reasonable' for the Federal Reserve to raise interest rates by 50 basis points next month if the economy evolves as expected, San Francisco Fed President Mary Daly said on Wednesday, as she cautioned once again that policymakers are resolute in reducing decades-high inflation.

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