Tuesday, 28 June 2022

Nasdaq 100 in Free Fall, S&P 500 Back in Bear Market as Stocks Sink. Now What?

The Nasdaq 100 and S&P 500 plunge Tuesday amid falling consumer confidence and signs that the U.S. economy could be headed for a recession, a scenario that creates significant risks for stocks

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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...