The fastest rate-hiking cycle in decades and inflation nearing double-digits has got investors scouring market moves and data to gauge whether the world economy is headed for recession. Business activity is slowing, many stock indexes are in "bear" territory, while higher borrowing costs are squeezing corporate and consumer spending.
Britain's FTSE 100 index is seen opening higher on Monday, with futures up 0.54%. * RYANAIR: Less than 2% of Ryanair flights scheduled between Friday and Sunday were affected by cabin crew strikes, the Irish low-cost carrier said.
With U.S stocks on track to mark their worst first half of the year in more than 50 years, investors are studying a range of metrics to determine whether the coming months could bring relief, or more of the same. By any stretch, the first half of 2022 has been a challenging one for investors.
With U.S stocks on track to mark their worst first half of the year in more than 50 years, investors are studying a range of metrics to determine whether the coming months could bring relief, or more of the same. By any stretch, the first half of 2022 has been a challenging one for investors.
With U.S stocks on track to mark their worst first half of the year in more than 50 years, investors are studying a range of metrics to determine whether the coming months could bring relief, or more of the same. By any stretch, the first half of 2022 has been a challenging one for investors.
* S&P 500 has biggest daily jump since May 2020. * All 11 major S&P 500 sectors higher. * Bank stocks rally after clearing Fed's stress test. * FedEx (FDX) jumps after strong forecast. * Indexes up: Dow 2.68%, S&P 3.06%, Nasdaq 3.34% By Lewis Krauskopf, Sruthi Shankar and Anisha Sircar.
* All 11 major S&P 500 sectors higher. * Bank stocks rally after clearing Fed's stress test. * FedEx (FDX) jumps after strong forecast. By Lewis Krauskopf, Sruthi Shankar and Anisha Sircar.
- Wall Street's main indexes soared on Friday in a broad rally as signs of slowing economic growth and a recent pullback in commodity prices tempered expectations for the Federal Reserve's rate-hike plans. The S&P 500 rose over 3% for its biggest one-day percentage rise since May 2020.
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