Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Scotland cause major upset in their Euro 2024 qualifier by defeating Spain 2-0

    March 28, 2023

    Kolkata is now served daily by Etihad Airways

    March 27, 2023

    With Trust International acquisition, Edge strengthens defence and technology portfolios

    March 27, 2023
    Facebook Twitter Instagram
    • Home
    • Contact Us
    Addis Ababa WeeklyAddis Ababa Weekly
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Addis Ababa WeeklyAddis Ababa Weekly
    Home » Despite a waver in US futures, global stocks end the Fourth of July high
    Business

    Despite a waver in US futures, global stocks end the Fourth of July high

    July 4, 2022
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email

    The Fourth of July saw global stocks mostly higher and U.S. futures fluctuating. There will be minimal activity in the markets today since American investors are on vacation. However, the Federal Reserve’s monetary policy strategy and the risks of recession remain top of mind. US stock trading is on hold today, but U.S. stock-index futures moved mostly lower. The Dow Jones Industrial Average futures fell 200 points, or 0.6%, after ending last Friday 321 points higher at 31,097. There was a 0.7% decline in S&P 500 futures, as well as a 0.7% decline in Nasdaq futures.

    Despite a waver in US futures, global stocks end the Fourth of July highThe second half of 2022 marks the most dismal start to a year since 1970, with investors proceeding cautiously. Both the S&P 500 and Nasdaq have fallen 20% and 30% since early January due to the stock market rout. In this recent selloff, investors have been concerned that the Fed and other central banks cannot avoid spurring a recession because of tighter monetary policy. Due to the highest inflation in decades, the Fed has already raised interest rates aggressively. It is expected to do so in the future, potentially slowing down the US economy.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email

    Related Posts

    With Trust International acquisition, Edge strengthens defence and technology portfolios

    March 27, 2023

    The third largest fish producer in the world, India accounts for 8 percent of global production

    March 25, 2023

    A gold price peak may be near – and it may last

    March 23, 2023

    Credit Suisse and UBS are in talks to merge – FT

    March 18, 2023

    Ryan Reynolds joins other celebrities in $1.35 billion Mint Mobile deal

    March 15, 2023

    Dollar slips as investors await Powell testimony

    March 6, 2023
    Latest News

    Scotland cause major upset in their Euro 2024 qualifier by defeating Spain 2-0

    March 28, 2023

    Kolkata is now served daily by Etihad Airways

    March 27, 2023

    With Trust International acquisition, Edge strengthens defence and technology portfolios

    March 27, 2023

    The third largest fish producer in the world, India accounts for 8 percent of global production

    March 25, 2023

    Canadian legislature laughs after Biden accidentally applauds China

    March 25, 2023

    An oasis of tranquility for the diverse Abu Dhabi community – Abrahamic Family House

    March 24, 2023

    Globally, water pollution and sanitation are major problems – UN

    March 23, 2023

    A gold price peak may be near – and it may last

    March 23, 2023
    © 2021 Addis Ababa Weekly | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.