Tag: stocks slip
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Stocks slip; Samsung’s record profit revives jitters on AI outlook
LONDON, July 7 : Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the sustainability of the AI-driven rally, while oil prices rose on renewed Middle East tensions.Samsung Electronics forecast a 19-fold jump i
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Stocks slip as Apple price hikes fan tech jitters, oil slides
LONDON/SYDNEY, June 26 : Global stocks slipped on Friday after Apple price hikes fuelled wider concerns over the inflationary impact of spending by tech giants, while oil prices dropped towards their lowest in four months despite difficulties reopening the Strait of Hormuz.Apple fell 6 per cent on Thursday af
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Stocks slip in Asia, oil up on peace doubts
SYDNEY, June 22 : Most share markets slipped in Asia on Monday as doubts about the Middle East peace process sent oil prices and bond yields up again, leading investors to price in more risk of higher U.S. interest rates.Sterling eased amid reports Prime Minister Keir Starmer was considering his political fut
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Stocks slip as Fed rate outlook offsets optimism over Iran deal
LONDON, June 18 : Global stocks were torn on Thursday between concern about the rising chances of a U.S. rate hike this year after the Federal Reserve’s meeting and optimism over the reopening of the Strait of Hormuz.The United States and Iran on Wednesday released the text of their agreement, which extends a
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