SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with the ...
Read More »Stocks retreat in anticipation of higher Federal Reserve rates
BLOOMBERG Global stocks retreated on Thursday, and Treasury yields held near the key 4% mark as investors priced the likelihood of higher interest rates and a looming US recession. Futures on the S&P 500 slipped 0.3% and those on the rate-sensitive Nasdaq slid 0.6%. Chipmakers Nvidia Corp and Advanced Micro Devices Inc fell about 0.7% in pre-market trading, while Tesla ...
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