Money bag with up and down arrows. A sharp change in prices. Destabilization of stock markets. Speculation, speculators. Monopolization of the market and interruptions in the supply of goods, services
© Andrii Yalanskyi


Global stocks fell on Thursday after better than expected US economic data bolstered the Federal Reserve’s belief that further monetary tightening is required.

The S&P 500 fell 2 per cent in afternoon dealings after US third-quarter gross domestic product growth was revised higher to a 3.2 per cent annualised rate, from 2.9 per cent in November. Weekly initial jobless claims numbers were also lower than expected at 216,000, below the 222,000 forecast by economists. The tech-heavy Nasdaq Composite ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium
Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.