Technology stocks extended a recent losing streak in the latest session, with the S&P 500’s technology sector falling roughly 4% and dragging the broader Nasdaq lower....
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Tag: interest rates
Bank of Canada seen holding rates as trade uncertainty clouds outlook
The Bank of Canada is widely expected to keep its benchmark interest rate unchanged at its next policy decision, as a mixed economic picture and ongoing...
Wall Street Pulls Back as Risk-Off Mood Grips U.S. Markets
U.S. stocks faced broad selling pressure this week as investors shifted away from riskier assets, a move traders describe as a “risk-off” turn. The pullback touched...
CPI Report Shows Progress on Inflation, but Risks for Markets Remain
The latest Consumer Price Index report offered some encouraging signs that inflation is cooling, but analysts warn that price pressures have not fully eased — and...