Text size The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. Anastasia Vlasova/Getty Images Stocks dropped on Friday afternoon, as gains made earlier in the day on hopes for diplomatic progress between Russia and Ukraine turned to losses. Technology stocks were hit particularly […]
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As shoppers kick off a wave of returns and exchanges or rush in to spend gift cards, retailers appear to have reason to celebrate: Holiday spending rose 8.5% compared with a year ago, according to Mastercard SpendingPulse. The gain was slightly less than the 8.8% increase that Mastercard had predicted, […]
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Models of oil barrels and a pump jack are displayed in front of a rising stock graph and “$100” in this illustration taken February 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, March 3 (Reuters) – There is only one way oil prices […]
(RTTNews) – The Indonesia stock market on Tuesday ended the three-day slide in which it had fallen more than 100 points or 1.4 percent. The Jakarta Composite Index now rests just shy of the 6,810-point plateau and it’s tipped to extend its gains on Wednesday. The global forecast for the […]
(RTTNews) – The China stock market has moved higher in two straight sessions, advancing more than 90 points or 2.8 percent along the way. The Shanghai Composite Index now rests just above the 3,450-point plateau and it may see continued strength on Wednesday. The global forecast for the Asian markets […]
The U.S. economy is ready for interest rate increases to control rampant inflation, Richmond Federal Reserve President Thomas Barkin said Monday. With the Fed poised to start hiking rates in March and beyond, Barkin told CNBC in a live interview that tighter monetary policy is appropriate. However, he didn’t commit […]