Tag: 40Year

Euro, sterling knocked by growth worries and UK inflation at new 40-year high By Reuters

2/2 © Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration 2/2 By Joice Alves and Alun John LONDON (Reuters) - The euro and...

Dow falls 700 points, Nasdaq drops nearly 3% after inflation reading hits 40-year high

Stocks dropped on Friday morning after a highly anticipated inflation report showed a faster-than-expected rise in prices.The Dow Jones Industrial Average shed 755 points, or 2.3%. The S&P 500 fell 2.5%, while Nasdaq...

Dollar Edges Higher; U.K. Inflation Soars to 40-Year Highs By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar edged higher in early European trade Wednesday, rebounding after overnight losses, while sterling weakened after U.K. inflation soared in April. At 3:50 AM ET (0750...
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