Stock markets

Premarket stocks: Markets are hoping Porsche can break the IPO freeze

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business – Warnings of global recession are widespread, inflation is persistent and Russia is …

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European markets open to close, earnings, data and news

Stocks on the move: Thyssenkrupp down 11%, Hikma up 8% Shares of German multinational conglomerate Thyssenkrupp fell 11% by mid-afternoon after JPMorgan reinstated its coverage of the stock with an “underweight” rating. At the top of the European blue chip index, Britain’s Hikma Pharmaceuticals jumped more than 8% by mid-afternoon. – Elliot Smith Sterling slides …

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From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its battle with inflation could result in much higher interest rates and a recession. The sell-off Friday was global, in a week where the …

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European markets open to close, BOE and SNB rate decisions

Swiss franc weakens dramatically against dollar, euro and sterling after rate hike The Swiss franc weakened dramatically against the US dollar, euro and sterling following the central bank’s decision to hike interest rates by 75 basis points to 0.5%. At 9:30 am London time, the dollar was 0.9% higher against the Swiss currency, while the …

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How much cash you need in an emergency fund at every career stage

Nirunya Juntoomma | Istock | Getty Images If you’re feeling unsteady amid stock market volatility, high inflation and rising interest rates, you may wonder how much cash you really need to have handy. But the right amount to have in your emergency fund depends on your family’s situation and needs, financial experts say. related investing …

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