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NEW YORK -- A volatile day on Wall Street ended Monday with stocks notching modest gains after climbing back from a steep slide that had knocked more than 1,200 points off the Dow Jones Industrial Average.
Markets went into retreat on multiple fronts on Monday, as the rising drumbeat of war in Europe gave pace to a rout in US technology stocks and compounded fears that the longest bull run in history is finally ending.
The decline of the index, a broad gauge of stocks, signals that investors have become markedly more pessimistic.
WASHINGTON, Nov 4 ― World shares climbed yesterday as US Treasuries rose and the curve steepened after the US Federal Reserve, as expected, approved plans to begin scaling back its bond-buying stimulus programme this month and end it by June. The pan-European STOXX 600 index rose 0.35 per cent...
Provided by Dow Jones MARKET WRAPS Watch For: Eurozone Business & Consumer Surveys; Germany Provisional CPI; France ILO Unemployment, Housing starts, Consumer Confidence Survey; U.K. Nationwide House Price Index, Monetary & Financial Statistics, BOE Effective Interest Rates, Money and Credit, Supermarket Share Figures; Brussels Economic Forum; G20 Foreign Ministers Meeting; updates from Accor, Volkswagen Opening Call: Worries over rising coronavirus outbreaks and the Delta variant could dent European stocks, despite the S&P 500 and Nasdaq notching record close...