Tag Archives: Nasdaq

Wall Street sinks amid recessionary fears.

US stocks plunged on Wednesday, with the Dow Jones Industrial Average falling more than 450 points, as investors were spooked by the latest signals from the bond market that pointed to a heightened risk of a recession. US Treasury yields took another dramatic drop and the premium on three-month bill …

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Oil surges on Gulf tanker attacks.

Oil futures jumped on Thursday after suspected attacks on two tankers off the coast of Iran, while U.S. Treasury yields edged lower as economic data seemed to strengthen the case for the Federal Reserve to cut interest rates this year. Wall Street’s major stock indexes climbed after falling for two …

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