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European Stocks Tumble, End Final Session Of Year On Weak Note

European Stocks Tumble, End Final Session Of Year On Weak Note

European stocks ended the final session of Year 2022 on a very weak note as fears about a recession, worries about rising rates, surging Covid cases in China, and an escalation in Russia-Ukraine tensions all weighed on sentiment and rendered the mood bearish.
RTTNews | vor 948 Tagen
Chicago Business Barometer Rebounds More Than Expected In December

Chicago Business Barometer Rebounds More Than Expected In December

A report released by MNI Indicators on Friday showed a bigger than expected slowdown in the pace of contraction in Chicago-area business activity in the month of December. MNI Indicators said its Chicago business barometer climbed to 44.9 in December from 37.2 in November, although a reading below 50 still indicates a contraction.
RTTNews | vor 948 Tagen
Bay Street Seen Opening Lower

Bay Street Seen Opening Lower

The Canadian market is likely to open the final session of Year 2022 on a weak note amid concerns over rising Covid cases in China, and worries about global growth due to rising borrowing costs.
RTTNews | vor 948 Tagen
Sensex, Nifty End Choppy Session Lower

Sensex, Nifty End Choppy Session Lower

Indian shares swung between gains and losses before ending lower on Friday, tracking declines in European markets and U.S stock futures.
RTTNews | vor 949 Tagen
Southwest Airlines To Resume Normal Operations On Friday, Offers Refund

Southwest Airlines To Resume Normal Operations On Friday, Offers Refund

Troubled Southwest Airlines Co., which went through massive flight cancellations amid severe winter storm and scheduling issues, said it plans to return to normal operations with minimal disruptions on Friday, December 30. The company also offered refunds to affected passengers. Southwest has been experiencing an operational meltdown following last week's winter storm that had disrupted the travel
RTTNews | vor 949 Tagen
European Shares Decline As Growth Concerns Weigh

European Shares Decline As Growth Concerns Weigh

European stocks fell on the last trading day of the year as doubts over official Chinese COVID numbers and new regulations for travelers from China curbed investor optimism surrounding China's reopening.
RTTNews | vor 949 Tagen
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Australian Dollar Climbs On Easing Fed Rate Hike Concerns

Australian Dollar Climbs On Easing Fed Rate Hike Concerns

The Australian dollar advanced against its most major counterparts in the European session on Friday, as higher-than-expected U.S. weekly jobless claims lessened concerns over future rate hikes by the Federal Reserve.
RTTNews | vor 949 Tagen
FTSE 100 Drifts Lower On China Concerns

FTSE 100 Drifts Lower On China Concerns

U.K stocks edged lower on the last trading session of the year amid concerns over the Federal Reserve's hawkish outlook and fears of a new variant emerging from China's latest COVID outbreak.
RTTNews | vor 949 Tagen
CAC 40 Slips On Growth Concerns

CAC 40 Slips On Growth Concerns

French stocks were moving lower in thin holiday trading on Friday after the World Health Organization (WHO) expressed concern over new surge in COVID-19 cases in China.
RTTNews | vor 949 Tagen
DAX Slips On Recession Worries

DAX Slips On Recession Worries

German stocks slipped on their last trading day of the year, with concerns about more Fed tightening, China's COVID-inspired uncertainty and the escalating Ukraine conflict weighing on investor sentiment.
RTTNews | vor 949 Tagen
UK House Price Inflation Weakens Amid Rising Interest Rates

UK House Price Inflation Weakens Amid Rising Interest Rates

UK house price inflation slowed markedly at the end of the year as the rising interest rates and high inflation started to dampen the affordability of home buyers, data from the mortgage lender Nationwide showed Friday. House prices were 2.8 percent higher than in December 2021. This was slower than November's 4.4 percent increase, but faster than economists' forecast of 2.3 percent.
RTTNews | vor 949 Tagen

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