Global fears of a falling economy push JSE and other markets lower
US stocks suffered their biggest daily drop in almost two years overnight
19 May 2022 - 11:25
The JSE was weaker on Thursday morning, along with its global peers as the effects of higher prices on earnings in the US and prospects for monetary policy tightening on economic growth, weighed on sentiment.
US stocks suffered their biggest daily drop in almost two years overnight after disappointing earnings reports pointed to a deteriorating economy...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.