(Reuters) - Continued volatility in Shanghai stocks -- which staged a dramatic recovery late on Tuesday after earlier dropping more than 7 percent -- left investors unsure over how steep and how long a correction may be in a market that has nearly tripled in value in the last year.
Bonds were weaker, with U.S. Treasuries extending their fall in the previous session after Bernanke warned inflation was still a risk. That, and data showing strength in the services sector, effectively killed off hopes for a U.S. rate cut this year.
Read more at Reuters.com Hot Stocks News
Bonds were weaker, with U.S. Treasuries extending their fall in the previous session after Bernanke warned inflation was still a risk. That, and data showing strength in the services sector, effectively killed off hopes for a U.S. rate cut this year.
Read more at Reuters.com Hot Stocks News
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