The United States and Britain ended a four-year dispute over U.S.
U.S. stocks ended higher on Tuesday, led by a sharp gain in the Nasdaq, as technology and shares of other big growth names rebounded from recent losses and Nike rose after it reported upbeat results.
The Nasdaq led Wall Street's main indexes higher on Tuesday as investors bought the dip in technology stocks, while briefly taking in their stride a more aggressive tone by the Federal Reserve to raise the cost of borrowing to tame inflation.
U.S. stocks were higher in afternoon trading on Tuesday, with the Nasdaq and S&P 500 both up at least 1%, as technology and shares of other big growth names rebounded from recent losses and Nike rose after it reported upbeat results.
Energy and commodity markets are in shock after Russia's invasion of Ukraine, the world's top trading firms said on Tuesday, warning of gas and diesel shortages in Europe and economic recession if Russian flows fall further.
A jump in the price of oil and a yawning gap between yields at home and those of U.S.
Japan stands ready to take further stimulus steps as economic and financial market uncertainty emerges over the Ukraine crisis, policymakers said on Tuesday, as parliament approved a record $900 billion state budget for the next fiscal year.
Gold prices fell over 1% on Tuesday after the U.S.
Gold prices held steady on Tuesday as U.S. Treasury yields hit multi-year highs following an aggressive inflation stance by the Federal Reserve chairman, while an intensifying conflict between Russia and Ukraine supported bids for the safe-haven metal.
Gold prices fell on Tuesday, pressured by the U.S. Federal Reserve head's hawkish approach to tackling inflation, which lifted Treasury yields and the dollar.
Gold prices held steady on Tuesday as U.S. Treasury yields hit multi-year highs following an aggressive inflation stance by the Federal Reserve chairman, while an intensifying conflict between Russia and Ukraine supported bids for the safe-haven metal.
Gold prices fell over 1% to a near one-week low on Tuesday after U.S.
Gains in banks, energy and mining stocks lifted Asian equities a little higher on Tuesday as investors braced for aggressive U.S. rate hikes and war disrupting oil supplies.
Treasury yields marched higher on Tuesday, bringing U.S.
Gains in banks, energy and mining stocks lifted Asian equities a little higher on Tuesday as investors braced for aggressive U.S. rate hikes and war disrupting oil supplies.
U.S. stocks regained ground on Tuesday, while Treasury yields climbed and oil dipped, as investors adjusted their expectations for rate hikes following hawkish comments from the U.S.
European stock indexes rose Tuesday and U.S. and European government bond yields extended the previous session's gains as investors adjusted their expectations for rate hikes following hawkish comments from the U.S.
European stock indexes opened slightly higher on Tuesday, while U.S.
Russia's coupon payment on a sovereign bond maturing in 2029 was processed by correspondent bank JPMorgan Chase & Co, a source said on Monday, the second time in recent days the country appears to have averted default.
The Bank of Japan must maintain ultra-loose monetary policy as recent cost-push inflation could hurt the economy, Governor Haruhiko Kuroda said on Tuesday, highlighting a widening gap with the U.S.
The dollar rose on Tuesday as Federal Reserve Chair Jerome Powell put the possibility of 50 basis point rate hikes on the table, while the yen fell below the psychological 120 level as the Bank of Japan reiterated its support for ultra-loose monetary policy.
The dollar was buttressed by new bets on U.S. rate hikes on Tuesday, while investors unloaded yen and sent it spearing below the psychological 120 level as the Bank of Japan looks increasingly isolated in its dovish policy stance.
The dollar slipped on Tuesday after a move higher the previous day as comments from U.S.
The dollar edged lower on Tuesday as a boost from comments by U.S.
By Mohi NarayanNEW DELHI - Oil prices extended gains on Tuesday as some European Union members discussed a potential oil embargo on Russia and attacks on Saudi facilities sent jitters through the market.
By Laura Sanicola-Oil stumbled on Tuesday as the dollar strengthened and it looked unlikely that the European Union would pursue an embargo on Russian oil, a day after prices jumped 7% and also rose earlier in the session.
Hours-long lines formed at gas stations in Cuba?s capital Havana on Monday after local media reported rationing of fuel in at least one province amid a biting economic crisis that has already left food and medicine in short supply across the island.
Ghana's central bank announced its biggest ever interest rate hike on Monday as it seeks to slow rampant inflation that threatens to create a debt crisis in one of West Africa's largest economies.
The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome Powell said on Monday, adding that it could use bigger-than-usual interest rate hikes if needed to do so.
Federal Reserve Chair Jerome Powell on Monday delivered his most muscular message to date on his battle with too-high inflation, saying the central bank must move "expeditiously" to raise rates and possibly "more aggressively" to keep an upward price spiral from getting entrenched.
