ABU DHABI / WAM Ethmar International Holding (EIH), the UAE’s leading progressive investment holding, is …
Read More »US, European equities tumble as Fed shock halts global rally
Bloomberg US equity-index futures and European stocks declined after the Federal Reserve rebuffed expectations for a dovish tilt and said interest rates will go higher for longer. Contracts on the S&P 500 and Nasdaq 100 gauges fell at least 1.1% each. Demand for haven assets sent the dollar and Swiss franc higher amid a wave of rate hikes from …
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