Wall Street stocks

Wall Street stocks plummeted on Tuesday, as shares of First Republic Bank were battered after an earnings report that showed it lost a large amount of deposits — reviving worries over the financial sector.Investors have been eyeing the…

Despite the crisis in banking which many have put down to interest rate rises, they’re still going up. The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation…

Stock markets wrapped up their worst performances in years on Friday before heading into 2023 under recession fears following Russia’s invasion of Ukraine, high inflation and rising interest rates.Both US and European indices closed their…

So much for the “Santa rally”.A mini stocks revival triggered by positive US economic data faltered overnight Thursday, in a rare loss for a time of year that normally delivers good news for traders.Wall Street stocks fell at the open of…

Annual inflation in the US has slowed to 7.7 per cent, the lowest level since January and below analyst expectations.Wall Street stocks surged after the news, with the Dow ending 3.7 per cent higher with a nearly 1200-point jump. The…