Category: Nerves
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Amid election nerves French city traders rush to secure funding as they foresee the worst blow to bonds
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Worst bond rout since sovereign debt crisis sees companies rush to Securing financing Ahead of a potential capital drought. A hit to stocks worth about $200 billion. French President Emmanuel Macron’s decision earlier this month to confront the gains of the far right across Europe Quick poll At home he…
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U.S. East Coast port union strike threat to test shippers’ nerves By Reuters
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(Reuters) – Labor talks at U.S. ports on the East Coast and Gulf of Mexico represent a looming danger for retailers, manufacturers and other shippers already struggling with longer transit times and higher costs. The International Longshoremen’s Association’s contract, which covers 45,000 workers at thirty ports from Maine to Texas,…
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US futures sink as rising Treasury yields rattle nerves
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Dow Jones futures fell more than 200 points as US stocks entered the red on Wednesday, after a rise in Treasury yields unnerved investors already considering whether the latest data will change the direction on interest rates. Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) futures fell 0.6%, after…
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Stocks rally after Fed decision as Powell soothes rate nerves
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I’ve always been very critical of Starbucks (SBUX). I remember working for the company as a stock analyst and spending weeks inside its stores studying the workflow in each department. It was an extreme exercise that won me no fans among Starbucks management (especially with former CEO Howard Schultz), but…