Page 21 - Patricko Hare News Today

Traders are tracking economic data for clues into how it might influence the US Federal Reserve, with concern that the central bank could decide to prolong its policy of raising rates to control inflation.

Wall Street stocks reacted indecisively to a mixed US inflation report Tuesday, while the London stock market struck a record peak, closing near 8,000 points.

Stubborn inflation in the United States hit Wall Street on Tuesday, while the London stock market struck a record peak close to 8,000 points

Stubborn inflation in the United States hit Wall Street on Tuesday, while the London stock market struck a record peak close to 8,000 points.

Petroleum-linked shares rallied with oil prices Friday, as US stocks closed out a lackluster week with a mixed session.

Oil contracts rebounded Friday after Russia announced it would slash its crude output in response to a Western price cap

Oil contracts rebounded on Friday after Russia announced it would slash its crude output in response to a Western price cap that was imposed on exports after Moscow’s invasion of Ukraine.

Major stock markets pushed higher Thursday as traders toasted some strong earnings as well as takeover talk, offsetting concerns about the need for more

Stock markets slid and the dollar firmed Monday after a forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes to cool sky-high inflation.

Stock markets slid and the dollar firmed Monday after a forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes to cool sky-high inflation.