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S&P 500 falls to two-year low, bear market rally dies out

S&P 500 falls to two-year low, bear market rally dies out

Sep 27 (Reuters) – The S&P 500 (.SPX) fell to its lowest level in nearly two years on Tuesday on concerns over the Federal Reserve’s super-aggressive policy tightening, trading below its June low and letting investors gauge how many more shares would need to fall before leveling off. Stocks have been under pressure since late …

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Cryptoverse: Bitcoin miners find themselves stuck in a bear pit

Cryptoverse: Bitcoin miners find themselves stuck in a bear pit

A bitcoin representation is seen in an illustrative photo taken at the Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Join now for FREE unlimited access to Reuters.com Register Sep 27 (Reuters) – Spare a thought for the embattled bitcoin miner. By the end of 2021, miners were the toast of the …

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Fed officials eye markets down, say inflation is priority

Fed officials eye markets down, say inflation is priority

Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – U.S. Federal Reserve officials on Monday put an end to rising volatility in global markets, from falling U.S. stocks to currency turmoil overseas, and said their priority remained control. domestic inflation. “There are interactions there,” said Cleveland Fed President Loretta Mester, …

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Bank of England 'won't hesitate' to act as it monitors market turmoil

Bank of England ‘won’t hesitate’ to act as it monitors market turmoil

The pound briefly touched a record low against the dollar Five-year gilts match Friday’s record daily drop 2-year and 5-year debt yields up 100 bps in 2 days Finance Minister to detail budget plans on November 23 The BoE is monitoring developments “very closely” LONDON, Sept 26 (Reuters) – The Bank of England said on …

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Wall St Week Ahead Investors wonder when the sharp selloff in US stocks will end

Wall St Week Ahead Investors wonder when the sharp selloff in US stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 22, 2022. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for …

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Airbus slams skeptical supplier Raytheon over jet production

Airbus slams skeptical supplier Raytheon over jet production

Join now for FREE unlimited access to Reuters.com Register PARIS, Sept 23 (Reuters) – Europe’s Airbus (AIR.PA) clashed on Friday with U.S. giant Raytheon Technologies (RTX.N) over a plan to ramp up production of jet planes to a record high. line, after the industry’s largest contractor questioned whether a failing supply chain could carry on. …

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Britain bets on historic tax cuts and borrowing, investors get scared

Britain bets on historic tax cuts and borrowing, investors get scared

Join now for FREE unlimited access to Reuters.com Register Kwarteng slashes top income tax rate amid growth momentum Huge increase in UK government debt issuance expected Gilts suffer biggest drop in decades The pound falls to its lowest level in 37 years against the dollar LONDON, Sept 23 (Reuters) – Britain’s new finance minister, Kwasi …

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Wall Street ends down for third day as growth worries weigh on tech

Wall Street ends down for third day as growth worries weigh on tech

Join now for FREE unlimited access to Reuters.com Register Tech stocks down after latest Fed rate move Investors are concerned about the possibility of a recession Darden Restaurants falls on disappointing quarterly sales JetBlue posts lowest close since March 2020 Indices down: Dow 0.35%, S&P 0.84%, Nasdaq 1.37% Sept 22 (Reuters) – Wall Street’s major …

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