Tuesday, 24 May 2022

Nasdaq 100 Sinks as Snap’s Meltdown Takes Down Tech Sector; Weak Data Weighs

The Nasdaq 100 resumes its relentless decline Tuesday after a brief respite at the start of the week, dragged down by a sharp pullback in social media and technology companies.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...