scorecardresearchGlobal Market Wrap: Stocks Slump Deepens, Dollar Rises on Haven Demand

Global Market Wrap: Stocks Slump Deepens, Dollar Rises on Haven Demand

Updated: 12 Oct 2022, 08:23 AM IST
TL;DR.
Equities extended their decline in Asia while the dollar rose against major currencies including the yen as investors weighed the of risk of recession and tighter monetary policy.
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 11, 2022. REUTERS/Brendan McDermid

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 11, 2022. REUTERS/Brendan McDermid