Feedback | Sunday, June 16, 2024

May 24, 2024 3:03 PM

Global stocks slide as rate worries dent risk appetite

Global stocks slipped on Friday after robust U.S. and German economic data bolstered prospects of interest rates staying higher for longer on both sides of the Atlantic.   MSCI's global share index, which recently hit intraday highs after a rush into artificial intelligence stocks ignited by strong results from $2.6 trillion chipmaker Nvidia, fell 0.2% and was set for a 0.9% weekly loss.   Europe's Stoxx 600 share index was 0.7% lower in early dealings, down 1% over the week.   Premier ...

Copyright © 2024 DD News. All rights reserved
Visitors: 3648410
Last Updated: 16th Jun 2024