What does that mean for investors as the pair approaches parity?

A statue of the Euro stands in front of the former European Central Bank headquarters in Frankfurt, Germany, on Sunday, July 3, 2016. Christian Boxy | Bloomberg | Getty Images The euro approaching parity with U.S. dollar For the first time in 20 years, currency strategists are divided over whether it will get there, and … Read more

Explainer: Why is Wall Street so close to a bear market?

New York (AFP) – Bears are heading towards Wall Street. This year’s stock market slump has pushed the S&P 500 index close to what’s known as a bear market. High interest rates, high inflation, the war in Ukraine and a slowing Chinese economy have caused investors to reconsider the prices they are willing to pay … Read more

Stocks drop sharply as target problems renew inflation fears

NEW YORK – The Dow Jones Industrial Average plunged more than 1,100 points and the S&P 500 saw its biggest drop in nearly two years on Wednesday, as heavy profit losses by Target and other major retailers fueled investor fears that rising inflation could… Deep into the companies. earnings. The massive selling erased gains from … Read more

What Walmart, Target, Home Depot, and Lowe’s Tell Us About the Economy

To what extent can the American consumer bear a rise in inflation rates? This depends on who you ask. Four major retailers – WalmartAnd GoalAnd Home Depot And Louie They announced their quarterly financial results this week, and each offered a different view of where and how people spend their money. Walmart said some of … Read more

China suggests easing tech-related strictures, but don’t expect a shift in policy

China has shown signs of easing its crackdown on the technology sector that has wiped out billions of dollars from the value of its flagship companies. But analysts said Beijing’s recent positive rhetoric should not be confused with policy reversal. “I think the big tech companies will have a grace period maybe for the next … Read more