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Major European markets finished up on Friday, capping off a week where global stocks have oscillated. But Wall Street stocks fell into negative territory after climbing at the open
London (AFP) May 12, 2023 - Stock markets were mixed on Friday as traders weighed a range of issues, including US debt-ceiling hopes, talks between Washington and Beijing, and more signs of a slowing economy.
Wall Street stocks slid early Thursday while the shares of regional bank PacWest plunged after it indicated a fall in deposits -- reigniting jitters over the financial sector.
European and US stocks slid after the ECB and the Fed again hiked interest rates to fight elevated inflation, as worries about banks and recession continued to cloud sentiment.
New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs