Stock market news live updates: Stocks sink after Microsoft outlook disappoints – Yahoo Finance
U.S. stocks fell at the start of Wednesday’s session after Microsoft’s lackluster earnings guidance (MSFTMore) dampened the outlook for tech stocks and weighed on the broader market. S&P 500 (^GSPC) plunged 1.2% on opening, while the Dow Jones Industrial Average (^ DJI) loses 250 points, or about 0.8%. Technology-focused Nasdaq Composite (^IXIC) fell 1.9%. Investors […]
World Bank makes big cut to its 2023 growth outlook, says globe is 'perilously close' to recession – CNBC
The World Bank has downgraded its global growth forecast from its forecast for mid-2022 on the back of what it sees as a general deterioration in economic conditions. International development agencies have downgraded nearly all of their forecasts for the world’s developed economies, cutting their 2023 global economic growth forecast to 1.7%, according to a […]
Treasury yields rise as investors assess inflation outlook – CNBC
US Treasury yields rose on Monday as the trading week kicked off and investors weighed the inflation outlook and waited for key economic data. 5:22 a.m. ET benchmark yields 10 year government bond The note was up almost 3 basis points to 3.599%.of 2 year government bond After gaining about 2 basis points, it traded […]