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Pound slips again as IMF and Moody’s warn over Kwarteng’s tax cuts – live updates

Good morning. The pound has sunk back into the red after two major interventions last night reignited investor concerns about…

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Stock Market

Bank of America clients are buying the dip in U.S. stocks, shifting from cyclicals to defensive

In light of the recent U.S. stock market losses, Bank of America (BofA) saw more buying of equities among its…

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Business

Investors believe aggressive Fed will keep stock market down for the rest of 2022, CNBC survey shows

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid…

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Stock Market

Goldman Sachs turns bearish on stocks, while BlackRock says ‘shun most equities’

It’s been raining caution on Wall Street, with Goldman Sachs and BlackRock the latest big names to turn cool on…

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Stock Market

Dow futures jump over 300 points on bets market is oversold after blue-chip gauge falls into bear market

U.S. stock-index futures on Tuesday pointed to Wall Street bouncing off a 21-month low and snapping a five-day losing streak…

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UK

Pound will be worth less than one euro, warns top US economist – live updates

5 things to start your day 1)  Markets doubt Bailey can avoid emergency rate rise after plunge in pound The Bank…

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Stock Market

The Dow just joined the S&P 500 in a bear market: What investors need to know

The Dow Jones Industrial Average couldn’t outrun the bear. The blue-chip gauge on Monday fell 329.60 points, or 1.1%, to…

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Stock Market

A surging U.S. dollar is creating an ‘untenable situation’ for the stock market, warns Morgan Stanley’s Wilson

The U.S. dollar’s unrelenting surge is raising worries over corporate earnings, warned a closely followed Wall Street analyst, who noted…

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Business

Wall Street’s fear gauge hits highest level since June

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018. Brendan…

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Stock Market

XPeng Stock Rises as CEO Buys at Beaten-Down Level

Text size XPeng stock has performed worse than shares in both NIO and Li Auto so far in 2022. Hector…

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