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Stocks slide, dollar rises as growth fears mount

Channel News Asia LogoChannel News Asia1 mo ago

Stocks slide, dollar rises as growth fears mount

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SINGAPORE : Stocks fell and the dollar rose on Friday, beginning the second half of the year much as the first one had ended, only this time with bonds rallying for a change as investors have shifted from worrying about inflation to fearing a global recession.

S&P 500 futures fell 1 per cent.

The dollar had its best quarter since 2016 for the three months to the end of June and was back testing highs on Friday.


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Article Details

Category: Economy

Topics: Index Fell Cent June Markets Japan Dollar Friday 2022 Yields Rose

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 10:38:18

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 5 minutes read

Article Length: 754 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 24446

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 57 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 32m ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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