New York stock exchanges headed into the weekend on Friday with heavy losses, following the gains of the previous day. Chip stocks on Wall Street were among the decliners. Oil prices, on the other hand, rose sharply.
New York stock exchanges headed into the weekend on Friday with heavy losses, following the gains of the previous day. Chip stocks on Wall Street were among the decliners. Oil prices, on the other hand, rose sharply.
3 hours ago·Amersfoort, Netherlands (Kingdom of the)
The rising oil prices again fueled inflation fears on Friday, putting pressure on the US stock exchanges. Worldwide, yields on bond markets increased, which abruptly ended the recent record run on Wall Street.