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Market news

Kwarteng gambles on biggest tax cuts in half a century

23/09/2022 22:09 - ...

Dow trades 1.6% lower; S&P 500 falls 1.7%; Nasdaq Composite drops 1.8%

23/09/2022 22:09 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

U.S. stocks trim sharp losses heading towards the closing bell, Dow down 500 points

Biden administration watching stock market, other indicators closely, spokeswoman says

Pound tumbles below $1.09 after UK’s £45bn tax cut package

23/09/2022 21:09 - Kwarteng axes top rate of income tax and reduces basic rate but gilt yields surge on government borrowing fears ...

WTI oil futures settle below $80/bbl for first time since January

23/09/2022 21:09 - This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news. ...

November WTI oil settles at $78.74/bbl on Nymex, down $4.75, or 5.7%

Market alarm tests Kwarteng’s will

23/09/2022 20:09 - Plunge in pound and surge in borrowing costs show investors are balking at footing bill for UK government plans ...

The inflation fight: are central banks going too far, too fast?

23/09/2022 20:09 - With sharp rises in interest rates and currency interventions, central bankers insist they will vanquish inflation, whatever the cost ...

Kwarteng is risking serious economic instability

23/09/2022 20:09 - The chancellor’s largesse raises large questions about debt sustainability ...