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This is how the major markets closed last week

The Dow closes lower as investors continue to sell stocks on recession fears after the Federal Reserve (Fed) insisted on tightening monetary policy to curb inflation. In addition, the Purchasing Managers’ Index (PMI) for the manufacturing and service sectors in…

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This is how the key markets closed last week

The Dow ended trading at a 2-month low Friday (Sept. 16) after FedEx warned of a global economic slowdown and investors sold their shares to reduce risk. Crude oil futures closed slightly higher but remained lower for the third straight…

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This is how the markets closed last week

The Dow closed lower Friday (Sept. 2) under pressure from concerns about the European energy crisis and lower-than-expected U.S. economic data. The labor market may begin to slow, which would reduce pressure on the Federal Reserve (Fed) to raise interest…

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This is how the markets closed last week

The Dow closes lower on fears that the U.S. Federal Reserve (Fed) may raise interest rates for a third time by 0.75% at its monetary policy meeting in September. This could plunge the U.S. economy into recession. The Dow Jones…

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Indian rupee sinks to record low

The Indian rupee fell this morning. Domestic equity markets rose, and a slight decline in global crude oil prices failed to allay concerns about a global dollar shortage. The US dollar weakened today, while the euro gained. Europe may be…

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This is how the markets closed last Friday

The Dow closed higher on Friday (July 1) as investors bought stocks ahead of the long weekend. U.S. markets will be closed on Monday, July 4, in observance of the U.S. National Day holiday. The Dow Jones Industrial Average closed…

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