US STOCKS-Wall Street Rallies, Capping Frenetic Week with Best Day of the Year

Reuters2022-01-29

(Reuters) - Wall Street surged on Friday, notching its best day so far in 2022 after another zigzag session, ending a tumultuous week marked by mixed corporate earnings, geopolitical turmoil and an ...

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Comments

  • robot1234
    2022-01-31
    robot1234
    President Joe Biden has insisted the US inflation is transitory since becoming President in Jan 2021 despite an alarmingly high inflation rate. Now, US inflation is at 7%, the highest in 40-year since 1982. Hence, basically everyone is expecting a meltdown in the US stock markets as they face a triple whammy of sky high inflation rate, unavoidable interest rate hikes and FED tapering to trim her $8 trillion balance sheet.
  • Xiaomiiiii
    2022-01-30
    Xiaomiiiii
    Like please
  • Jess261
    2022-01-30
    Jess261
    Okay
  • Wafu
    2022-01-30
    Wafu
    Like please
  • Samuel123win
    2022-01-30
    Samuel123win
    Wow
  • robot1234
    2022-01-30
    robot1234
    US markets all down more than 5% last 3 weeks. In fact, Nasdaq in correction mode, down around 15%. US has been playing with fire claiming inflation is transitory for the last 2 years. Now the FED is far behind the curve and worse still, credibility is badly damaged. Nowadays, US politicians are good for currying favour instead of upholding principles and ethics
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