Global stock markets fell Monday as investors wrestled with fears the Federal Reserve and European central banks might be willing to cause a recession to crush inflation.
A person stands near an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, Dec. 19, 2022, in Tokyo. Asian stock markets fell again Monday as investors wrestled with fears the Federal Reserve and European central banks might be willing to cause a recession to crush inflation. – Wall Street fell Friday after the Fed raised its forecast of how long interest rates have to stay elevated to cool inflation that is near a four-decade high.
On Wall Street, futures for the benchmark S&P 500 index and the Dow Jones Industrial Average were off less than 0.1%. The Nikkei 225 in Tokyo sank 1.1% to 27,226.12 and the Hang Seng in Hong Kong shed 0.5% to 19,359.03.India's Sensex lost 0.8% to 61,337.81. Singapore and Bangkok advanced while New Zealand and Jakarta declined.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold Price Forecast: XAU/USD rebounds ahead of United States data, Federal Reserve talkGold price (XAU/USD) defends the bounce off a short-term key support confluence around $1,793 as traders await the United States (US) statistics for c
Read more »
Asian markets sink under global recession fearsAsian stock markets fell again Monday as investors wrestled with fears the Federal Reserve and European central banks might be willing to cause a recession...
Read more »
EU reaches agreement on pivotal carbon market deal, Czech EU presidency saysEuropean Union negotiators reached agreement early on Sunday on overhauling the bloc's carbon market, the bloc's main policy tool for fighting global warming, the Czech EU presidency and the European Council said.
Read more »
Texans' Derek Stingley Jr., Dameon Pierce out for season after being added to injured reserveStingley, the team’s No. 3 overall pick, has been sidelined since Week 10, and Pierce,...
Read more »
San Jose Sharks activate one winger, place another on injured reserveNHL: San Jose Sharks place Luke Kunin on IR, as he’ll miss at least two games, both against the Calgary Flames
Read more »