Business
European and Asian markets took a beating Thursday after Wall Street suffered one of its worst batterings in two years over recession fears.
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European and Asian markets took a beating Thursday after Wall Street suffered one of its worst batterings in two years over recession fears.
Asian markets rallied following a Wall Street surge after the Federal Reserve played down chances of a huge interest rate hike in the future.
Markets brace for a sharp US interest rate hike and similar moves by other central banks as they struggle to control inflation.
Technology firms were weighed by Apple and Amazon's surprisingly downbeat earnings and warnings about the outlook.
Hong Kong and Tokyo both opened deep in the red even as inflation data from Japan was in line with market expectations.
Asian markets dipped in early trade Friday after a negative lead from Wall Street.
Wall Street stocks mostly fell Friday. Both the S&P 500 and the Nasdaq retreated.
Asian markets limped into the weekend Friday at the end of a tough week dominated by the Federal Reserve's hawkish tone.
Equities sank Wednesday after Wall Street tumbled on bets the Federal Reserve will act more aggressively to bring inflation under control.
Twitter’s stock soared more than 25 percent after news of the Tesla chief’s investment.