Today's news: Trending business stories for October 23, 2023
The Financial Post brings you the top business stories as they happen for October 23, 2023. Read on for breaking news you need to know.
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The Financial Post brings you the top business stories as they happen for October 23, 2023. Read on for breaking news you need to know.
A world of 5% Treasury yields continues to threaten stock valuations and ramps up competition for risk capital. Find out more.
World stocks were on track for their longest losing streak in two years on Thursday
With European stocks in and out of the red and U.S. S&P 500 futures barely budged, MSCI's main global equities index which tracks 47 countries was in danger of a 10th straight daily fall, a losing streak not seen since 2011. MSCI's index of Asia-Pacific shares outside Japan had ended near a 10-month trough, while Japan's Nikkei fell 1.5% as investors there readied for the end of the quarter and offloaded stocks that went ex-dividend.
LONDON, Sept 28 — World stocks were on track for their longest losing streak in two years today as the sight of oil prices nearing US$100 (RM470.8) a barrel compounded concerns...