Business
Market highlights and 5 ASX small caps to watch on Wednesday – Stockhead
Wall Street slides, as IMF raises global growth forecast All major US indices slid on Tuesday, but stayed near record highs gained the previous day. Dow Jones closed…
Link copied toclipboard
Wall Street slides, as IMF raises global growth forecast
All major US indices slid on Tuesday, but stayed near record highs gained the previous day.
Dow Jones closed 0.29% lower, S&P500 dropped 0.1%, while tech heavy NASDAQ slid 0.05%.
The falls came despite the International Monetary Fund (IMF) upgrading global growth outlook to 6%, from 5.5% less than three months ago.
The IMF also expected the Australian economy to grow by 4.5% this year, after contracting by 2.4% for…
-
General12 hours agoChina and Philippines trade blame over latest South China Sea clash
-
General22 hours agoThree maps that show the scale of the NSW flood disaster
-
General12 hours agoSmall plane crashes into San Diego neighbourhood, setting homes and vehicles on fire
-
Noosa News21 hours agoConfusion over licensing and access to hunting grounds under WA’s strict gun laws