U.S. Stocks Fall as Fears of Economic Slowdown Return

By Liz Moyer Investing.com — U.S. stocks fell at the opening amid recurring fears about aggressive actions by central banks to curb inflation. At 9:47 ET (13:47 GMT), the was down 313 points, or 1%, while the was down 1.4% and the was down 1.8%. After rebounding on Wednesday, stocks were again pressured by investors … Read more

Oil Rebound Stalls as Recession Fears Outweigh Supply Crunch

By Ambar Warrick  Investing.com– A rebound in oil prices appeared to be running out of fuel on Wednesday as fears of slowing short-term demand offset a potential supply shortage stemming from OPEC production cuts and a hurricane in the Gulf of Mexico. Prices remained close to eight-month lows, as rising interest rates and growing fears of … Read more

Dow Plunges into Bear Market as Recession Fears Rattle Investors

By Yasin Ebrahim Investing.com — The Dow plunged to a new low for the year and into bear-market territory on Friday as the post-Federal Reserve wave of selling intensified led by a rout in energy amid fears that a deeper recession is on the horizon. The fell 2%, or 617 points and fell into bear-market … Read more

Crude Oil Slumps to Lowest Levels This Year on Recession Fears

By Peter Nurse    Investing.com — Oil prices slumped Friday, falling to the lowest levels this year, weighed by heightened recession fears, which would curb global demand, as well as a surging dollar. By 09:20 ET (13:20 GMT), futures traded 4.6% lower at $79.67 a barrel, while the contract fell 3.8% to $87.01.  The two benchmarks … Read more

Dow Futures Down 375 Pts; Recession Fears Weigh Ahead of PMI Data

By Peter Nurse  Investing.com — U.S. stocks are seen opening lower Friday, with investors fretting over the Federal Reserve’s hawkish interest rate trajectory and the potential for a sharp economic downswing. At 07:00 ET (11:00 GMT), the contract was down 375 points or 1.2%, traded 45 points or 1.3% lower, and dropped 160 points or … Read more

Pound, Gilts Weaken as Truss Energy Package Fuels Debt Fears

By Geoffrey Smith Investing.com — The hit a new low and U.K. government bond prices slumped as markets took fright at the rising cost of getting the country through an energy crisis in the coming winter. The pound tested $1.13 against the dollar, a level it hasn’t seen since 1985, before recovering a little later … Read more

Oil Prices Fall Further on Demand Fears; Fed Rate Hike Looms

By Ambar Warrick  Investing.com– Oil prices extended losses on Wednesday as traders feared more pressure on crude demand from a widely anticipated interest rate hike by the Federal Reserve, while signs of a potential build in U.S. gasoline inventories also weighed.  London-traded fell 0.6% to $90.37 a barrel, while U.S. crude fell 0.2% to $83.73 by … Read more

Crude Slumps on Demand Fears as Monetary Tightening Looms

By Peter Nurse    Investing.com — Oil prices slumped Monday, falling by more than 3% on fears that slowing global economic growth will weigh on crude demand ahead of likely new large interest rate hikes by a number of central banks, including the Federal Reserve. By 08:35 ET (12:35 GMT), futures traded 3.4% lower at $81.88 … Read more

Chinese Yuan Tumbles After PBoC Rate Cut, Fed Fears Hit Asia FX

By Ambar Warrick  Investing.com– China’s yuan sank further below key levels on Monday after more monetary easing in the country, while broader Asian currencies tumbled in anticipation of a Federal Reserve meeting later this week. The fell 0.4% to an over two-year low of 7.0080 to the dollar, its second day spent in breach of the … Read more