Chuck Mikolajczak

Gas Woes Drag Euro Lower, Dollar Gains On Recession Worry

The dollar rose against a basket of major currencies on Tuesday, reversing course after three straight sessions of declines as recession fears grew and investors awaited a Federal Reserve policy statement, while energy supply concerns weighed on the euro.

Stocks Gain, Euro Edges Up After ECB Rate Hike

A gauge of global stock markets rose for a fifth straight session while the euro edged up in choppy trading after the European Central Bank raised interest rates for the first time in more than a decade as it seeks to rein in inflation.

Stocks Dip, Euro Volatile After ECB Rate Hike

A gauge of global stock markets lost ground after four straight sessions of gains, while the euro rose in volatile trading after the European Central Bank raised interest rates for the first time in more than a decade as it seeks to tame inflation.

Stocks Gain, Dollar Dips As Fed Hike View Scaled Back

A gauge of global stocks rose for a second straight day on Monday and the dollar weakened as investors dialed back expectations the Federal Reserve will take a more aggressive approach in hiking interest rates next week and the U.S.

Wall St Ends Up But Still Down On Week As Volatility Rules

U.S. stocks closed with a modest bounce on Friday but still suffered the biggest weekly percentage decline in two years as investors wrestled with the growing likelihood of a recession while global central banks tried to stamp out inflation.

Wall Street Plunges As Recession Fears Grow

U.S. stock indexes closed sharply lower on Thursday in a broad sell-off as recession fears grew following moves by central banks around the globe to stamp out rising inflation after the Federal Reserve's largest rate hike since 1994.

Wall Street Tumbles As Recession Fears Accelerate

U.S. stock indexes dropped on Thursday in a broad sell-off as recession fears grew with moves by central banks around the globe to stamp out rising inflation after the Federal Reserve's largest rate hike since 1994.

Wall Street Rallies To Close Higher After Fed Statement

The S&P 500 rallied on Wednesday to snap a five-session losing skid after a policy announcement by the Federal Reserve that raised interest rates to market expectations as the central bank seeks to fight rising inflation without sparking a recession.

Wall Street Rises In Volatile Trade After Fed Statement

The S&P 500 rose more than 1% in choppy trading on Wednesday after a policy announcement by the Federal Reserve that raised interest rates to meet market expectations as the central bank tries to fight rising inflation without tilting the economy into a recession.

Wall Street Pares Gains After Fed Hikes By 75 Basis Points

U.S. stocks pared gains on Wednesday on the heels of a policy announcement by the Federal Reserve that raised interest rates to meet market expectations as the central bank attempts to cool rising inflation without tipping the economy into a recession.

S&P 500 Dips With Fed Policy Announcement On Tap

The S&P 500 ended lower on Tuesday as the index was unable to bounce from a sharp sell-off in the prior session with a key policy statement from the Federal Reserve on deck that will reveal how aggressive the central bank's policy path will be.

Recession Fears Put S&P 500 On Track To Confirm Bear Market

U.S. equities tumbled on Monday, with the S&P 500 on pace for its fourth straight decline and poised to confirm a bear market, as fears grow that the expected aggressive interest rate hikes by the Federal Reserve would push the economy into a recession.

Dollar Gains Ahead Of Inflation Data, Euro Falls After ECB

The dollar index rose for a second straight day on Thursday, erasing initial declines while the euro turned lower after the latest policy announcement by the European Central Bank (ECB), which signaled the bank was set to begin raising interest rates.

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