Miners, rate-hike fears pull down European shares
[ European shares were weighed down by mining stocks after metal prices dropped on Wednesday and as strong economic data sparked worries that interest rates could stay higher for longer. The pan-European STOXX 600 index fell 0.5% in the first hour of trading. Investors are also awaiting release of the minutes of the U.S. Federal […]
Indian shares fall on rate-hike worries ahead of Fed, RBI minutes
BENGALURU: Indian shares extended losses on Wednesday after strong economic data from the US kept investors worried that central banks, including the US Fed, would have to keep raising interest rates to tackle inflation. The Nifty 50 index was down 0.86% at 17,674.50, while the S&P BSE Sensex fell 0.85% at 60,150.93 as of 10:34 […]