Global markets reacted with caution on Thursday as concerns over rising inflation and interest rates weighed on investor sentiment. The Dow Jones Industrial Average dropped 0.5%, the S&P 500 fell 0.3%, and the Nasdaq Composite was down 0.1%.
Investors are closely watching economic data for signs of potential rate hikes by central banks. The US Federal Reserve has indicated that it may raise interest rates sooner than expected in response to mounting inflation pressures.
In Europe, major stock indexes were also in the red, with the FTSE 100 down 0.7%, the DAX down 0.5%, and the CAC 40 down 0.4%. In Asia, Japan’s Nikkei 225 dropped 0.9% and China’s Shanghai Composite fell 0.6%.
Market volatility is expected to persist as investors assess the impact of rising inflation and interest rates on global growth prospects.
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Arwen Volkov, A graduate of the University of St. Gallen in Switzerland with a degree in International Finance, Arwen specializes in sustainable finance and green investments. She began her career at an investment bank in London, where she developed financing models for environmentally friendly projects. Known for her analytical and strategic thinking skills, Arwen is a sought-after financial consultant. In her spare time, she mentors fintech startups, contributing to their growth strategies. She is also a nature enthusiast and an amateur photographer.
