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July 5, 2022

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Business

S&P 500, Dow slip as recession fears mount

July 5, 2022 - by adminaws - Leave a Comment

US May factory orders rise more than expected Commodity-linked stocks, banks shares tumble Indexes fall: Dow 1.59%, S&P 1.20%, Nasdaq up 0.09% July 5 (Reuters) – The S&P 500 and …

S&P 500, Dow slip as recession fears mount Read More
Business

Euro slumps to two-decade low as recession fears grow

July 5, 2022 - by adminaws - Leave a Comment

Euro drops to lowest level since end of 2002 Dollar rises on safe-haven demand Yen sinks near 24-year lows again NEW YORK / LONDON, July 5 (Reuters) – The euro …

Euro slumps to two-decade low as recession fears grow Read More
Business

Brent falls as recession fears deep demand concerns

July 5, 2022 - by adminaws - Leave a Comment

A view of the Phillips 66 Company’s Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum …

Brent falls as recession fears deep demand concerns Read More
Business

Stocks up in holiday mood on resilient oil

July 4, 2022 - by adminaws - Leave a Comment

Oil recovers after losing $ 1 a barrel in early trade Nikkei rises 0.84%, Chinese stocks up 0.7% FTSE up more than 1%, S&P futures down 0.3% Payrolls seen slowing …

Stocks up in holiday mood on resilient oil Read More
Business

Wall Street ends first day of third quarter with solid rebound

July 2, 2022 - by adminaws - Leave a Comment

US factory activity decelerates more than expected in June Micron’s downbeat forecast prompts chip sell-off Kohl’s tumbles after calling off sale to Franchise Group Indexes up: Dow 1.05%, S&P 1.06%, …

Wall Street ends first day of third quarter with solid rebound Read More
Business

S&P 500 closes the book on its steepest first-half slide since 1970

June 30, 2022 - by adminaws - Leave a Comment

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 22, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited …

S&P 500 closes the book on its steepest first-half slide since 1970 Read More
Business

Oil falls 3% on uncertainty over future OPEC + output, recession fears

June 30, 2022 - by adminaws - Leave a Comment

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS / Agustin Marcarian / File …

Oil falls 3% on uncertainty over future OPEC + output, recession fears Read More
Business

US consumer spending, underlying inflation slow in May

June 30, 2022 - by adminaws - Leave a Comment

Consumer spending increases 0.2% in May Inflation adjusted consumers spending drops 0.4% Core PCE price index rises 0.3%; up 4.7% year-on-year Weekly jobless claims fall 2,000 to 231,000 WASHINGTON, June …

US consumer spending, underlying inflation slow in May Read More
Business

S&P 500 limps to slightly lower close as quarter-end looms

June 30, 2022 - by adminaws - Leave a Comment

US economy contracted in Q1; consumer spending revised lower General Mills rises as sales beat on higher prices Bed Bath & Beyond replaces CEO, shares tumble Dow up 0.27%, S&P …

S&P 500 limps to slightly lower close as quarter-end looms Read More
World News

Oil prices rise for fourth day on supply worries

June 29, 2022 - by adminaws - Leave a Comment

A worker uses a petrol pump at a Brazilian oil company Petrobras gas station in Brasilia, Brazil March 7, 2022. REUTERS / Adriano Machado / File Photo / File Photo …

Oil prices rise for fourth day on supply worries Read More

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