Trade and Fed rate worries offset $50 bln M&A deal news, sapping stocks’ strength

LONDON — World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. interest rate cut was offset by reports a Sino-U.S. trade deal may be delayed, but a possible $50 billion merger between Fiat-Chrysler and PSA capped European losses. Sentiment has also been dented by weak earnings from a swathe of […]

source https://www.newsmerit.com/tech-news/trade-and-fed-rate-worries-offset-50-bln-ma-deal-news-sapping-stocks-strength/

Post a Comment

0 Comments