Explore stories from Atlantic Canada.
Asian markets on Monday will be hoping to bounce back from one of the most bruising weeks this year, but that won't be easy given the hawkish tone of recent Fed comments, heightened Middle East tensions and deepening weakness in tech stocks.Wall Street fell sharply on Friday with the S&P 500 sealing its longest losing streak since October 2022 and tech darling Nvidia's 10% plunge dragging down the Nasdaq, while demand for safe-haven Treasuries, gold and the Swiss franc rose.
Investors are still digesting the IMF/World Bank Spring meetings and related conferences and events from last week, from which one of the clearest messages was how concerned officials are becoming with the strength of the dollar. South Korea's central bank chief, meanwhile, said the bank is ready to take steps to stabilize the exchange rate if needed.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morning bid: Fragile FX, tech swoon cloud sentimentAsian markets on Monday will be hoping to bounce back from one of the most bruising weeks this year, but that won't be easy given the hawkish tone of recent ...
Read more »
COVID VIGNETTE: Windowbox gardening 101Explore stories from Atlantic Canada.
Read more »
JOHN DeMONT: An honoured trust older than the country itselfExplore stories from Atlantic Canada.
Read more »
B. Riley gets Nasdaq warning after annual report delayExplore stories from Atlantic Canada.
Read more »
Ekholm's offensive output an added plus to his strong play this seasonExplore stories from Atlantic Canada.
Read more »
COVID VIGNETTE: Windowbox gardening 101Explore stories from Atlantic Canada.
Read more »