Thursday, 20 October 2022

S&P 500, Dow and Nasdaq Fall Despite Strong Corporate Earnings

Major U.S. stock indices end in negative territory as investors weigh good corporate earnings, despite gloomy economic outlook, ahead of more interest rate hikes.

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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...