IBT Staff Reporter

16351-16380 (out of 154954)

COVID, War And Fed Push World Stocks Down For 4th Day

World stocks fell for a fourth consecutive session on Tuesday as a combination of rising COVID-19 cases in China, the war in Ukraine and worries about the Federal Reserve raising interest rates this week for the first time since 2018 hit confidence.

Fed Meeting Hogs Spotlight, Yen Keeps Sliding

The yen remained under pressure on Tuesday and the euro edged higher as talks between Russian and Ukrainian negotiators continued, but moves were more muted than in recent days as the market's attention turned to this week's Fed meeting.

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