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Market news

Pound hits 37-year low against dollar on huge UK tax cut ‘gamble’

23/09/2022 17:09 - Borrowing costs soar and equities sink as traders fret over government’s fiscal responsibility ...

Budget 2022 reaction latest: Kwarteng’s tax cuts to spark £411bn borrowing surge, claims think tank

23/09/2022 16:09 - ...

Alcohol tax frozen in attempt to water down price increases

23/09/2022 16:09 - ...

The City contemplates its love-bomb Budget

23/09/2022 16:09 - Boosting the UK’s ailing business investment will require a sense of stability and certainty as much as anything else ...

: S&P flash U.S. services index (formerly IHS) jumps to 49.2 in September from 43.7

23/09/2022 16:09 - 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. ...

: S&P flash U.S. manufacturing PMI rises to 51.8 in September from 51.5

S&P 500 down 1.2%; Nasdaq Composite loses 1.2%

Dow slumps 312 points, or 1.1%, to open at 29,758

U.S. stocks open sharply lower as dollar climbed further against other major currencies

FedEx stock price target cut to $215 from $232 at UBS