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Stocks retreat as data and earnings disappoint

LONDON — Stock markets retreated on Friday as US retail sales and bank earnings disappointed and investors worried the Fed may hike interest rates aggressively.A pledge by Fed chief Jerome Powell earlier this week to rein in surging prices while also nurturing recovery in the world's top economy provided a much-needed lift to investor sentiment and helped propel a rally across
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Markets Open 2022 With Records, Apple Briefly Hits $3 Trillion in Value - New Delhi Times

Global stocks began 2022 in bullish fashion, with major bourses notching records and Apple's valuation briefly hitting $3 trillion as investors monitor the COVID-19 pandemic and looming central bank rate decisions. The CAC 40 index in Paris kicked off the rally with new intraday and closing records while Frankfurt's DAX rose 0.9 percent in thin…
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