Wall St sees its third consecutive quarterly loss as inflation weighs in and recession looms

The S&P 500 shows the highest percentage decline in September in 20 years All three major US stock indices recorded three-quarters of declines Core inflation data higher than expected Down Indices: Dow 1.71%, S&P 1.51%, Nasdaq 1.51% NEW YORK, Sept. 30 (Reuters) – The S&P 500 closed the books on Friday after the steepest September … Read more

Britain’s Truss sticks to the political plan, breaking his silence after the market collapses

Truss says he will not change the course of British politics Bond markets calm down after BoE intervention Investors warn against losing faith in the government LONDON, September 29 (Reuters) – British Prime Minister Liz Truss said she would stick to her controversial plan to re-boost economic growth as she broke silence on Thursday after … Read more

Oil prices are rising in favor of US oil, fuel stocks are falling, and the dollar is weakening

NEW YORK, Sept. 28 (Reuters) – Oil prices rose on Wednesday for a second day, rebounding from recent losses as the US dollar weakened recent gains and US fuel inventory data showed larger-than-expected declines and a rebound in consumer demand. Brent crude oil increased by $ 3.05, or 3.5%, at $ 89.32 a barrel. The … Read more

Oil prices drop on the second day due to concerns about the expected recession

The oil barrel model can be seen in front of the rising stock chart in this image, July 24, 2022. REUTERS / Dado Ruvic / Illustration Sign up now for FREE unlimited access to Reuters.com Register Sep 26 (Reuters) – Oil prices dropped on the second day of Monday amid concerns over lower fuel demand … Read more