US markets had registered gains late on Friday, with stocks recovering from a tough week sparked by recession fears
The JSE lifted in broad-based gains on Monday morning, although global sentiment was mixed as investors mulled last week’s brutal sell-off, which was sparked by recession fears.
US markets had shown some recovery late on Friday, but still had their worst week since 2020, which followed a 75-basis-point interest-rate hike from the US Federal Reserve, the largest since 1994...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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