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Surging crude oil prices near $90 per barrel and climbing Treasury yields have reignited inflation fears, dampening risk appetite and pressuring major equity indices as elevated energy costs strain c…
Major US indices fell on Friday following a hawkish stance from the Federal Reserve, with tech stocks leading the decline. The Dow dropped 0.1%, S&P 500 dipped 0.4%, and Nasdaq sank 0.7%.
Major US stock indices and the EUR/USD pair experienced sharp declines, with the S&P 500 dropping 1.37%, the Dow Jones sliding 0.97%, and the Euro weakening over 1% against the greenback.
EURUSD declined by 0.26%, reflecting market weakness amid broader US index drops.