Economic events

From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in financial markets

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Trader on the floor of the New York Stock Exchange, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar rose on Friday as investors responded to the Federal Reserve’s signal that its battle with inflation could lead to higher interest rates and a recession. Friday’s selloff was global, in a … Read more

European stocks fell at the open as traders await the Federal Reserve meeting

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US stocks open lower US stocks opened lower on Monday as investors looked to The Federal Reserve will meet for two days this week. The Dow Jones Industrial Average was down 0.8% in early morning trading. The S&P 500 and Nasdaq were down 0.9%. Karen Gilchrist Rheinmetall up 3.7% German arms manufacturer Rheinmetall It rose … Read more