The European Central Bank has vowed to come up with a new, unspecified market backstop that could be used to buffer some countries against bond market turmoil similar to what shook the 19-country eurozone during a debt crisis more than a decade ago
Stocks are opening higher on Wall Street Wednesday but remain sharply lower for the week as trading remains volatile ahead of a closely watched decision later in the day on interest rates from the Federal Reserve
The European Central Bank’s rate-setting council will hold an unscheduled meeting “to discuss market conditions” as borrowing costs for several countries have risen after the bank said it would raise interest rates
Asian stock markets are mixed while Europe opened higher ahead of a Federal Reserve decision on how sharply to raise interest rates to cool inflation
Inflation is at a 40-year high
Stocks are edging higher in early trading on Wall Street Tuesday, finding some stability a day after dropping into a bear market
Shares have opened mostly higher in Europe after Asian shares recovered from the worst of their losses following Wall Street's tumble into what’s called a bear market
Wall Street looks like it will open the week with more losses, with the S&P 500 falling to a level that market observers consider to be a so-called bear market
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Stocks are opening sharply lower on Wall Street as inflation worries mount, pushing the S&P 500 closer to a bear market decline of 20% from the peak it reached early this year