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ASX recovers as Woodside profit and oil prices surge, but Wall Street sell-off intensifies

Australian shares claw back some of yesterday's heavy losses despite another slump in global markets over the possibility of more aggressive US and European interest rate hikes ahead.

ABC News · Aug 29, 2022

3 Momentum Stocks to Ride for the Rest of 2022

Jerome Powell’s speech at Jackson Hole on Friday left little room for doubt or speculation regarding the upward trajectory of interest rates to control inflation. Since that also translates to extended pain for the stock market, it could be wise to invest in fundamentally strong stocks Birchcliff Energy (BIREF), Amplify…

StockNews.com · Aug 29, 2022

Markets plunge on US rate hike fears

Thai and other Asian stock markets tumbled on Monday, with the regional benchmark approaching a two-year low last seen in mid-July, as investors fled risk assets after the US Federal Reserve signalled that it would keep raising interest rates to rein in inflation.

Bangkok Post · Aug 29, 2022

Try These 3 Stocks Ideas for a Golden Retirement

The U.S. market came back in July and early August owing to a robust job market, strong corporate earnings, and a slight decline in inflation. However, the Fed’s hawkish stance to hike the interest rates aggressively until inflation comes down to the target level is expected to keep the market…

StockNews.com · Aug 29, 2022

Meme stock mania is here to stay — even with those wild price swings

Wall Street says the meme stock is here to stay.

Tribune News Service · Aug 29, 2022

Sensex sinks 861 points as hawkish Fed roils global markets

MUMBAI: Equity markets buckled under selling pressure on Monday as an intense sell-off emerged in IT, teck and banking stocks amid a bearish trend overseas following hawkish comments from the US Federal Reserve.

The Times of India · Aug 29, 2022

Market wrap: Australian house prices to fall further as earnings season enters home stretch

Woodside, Link Administration and St Barbara will report their June-half earnings this week. Meanwhile, house prices are set for further falls.

The New Daily · Aug 29, 2022

Dow, Nasdaq Futures Lower Following Friday's Sell-Off; US Dollar Surges To 20-Year High

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones tumbled more than 1,000 points in the previous session following speech from Federal Reserve Chairman Jerome Powell at the central bank’s Jackson Hole economic symposium. The US dollar index, meanwhile, jumped to its strongest level…

Benzinga · Aug 29, 2022

Equity investors' wealth falls by ₹3.23 lakh crore in early trade

Sensex tanked 1,466.4 points to 57,367.47 in morning trade

The Hindu · Aug 29, 2022

Equity investors' wealth falls by Rs 3.23 lakh cr in early trade

NEW DELHI: Investors' wealth fell by Rs 3.23 lakh crore in early trade on Monday in-line with the lacklustre trend in the equity market.

The Times of India · Aug 29, 2022