ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
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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