European shares slide to over 1-1/2 year lows on slowdown fears [Financial Post (Toronto, Ontario, Canada)]
Fiserv, Inc. (FISV)
Last fiserv, inc. earnings: 2/4 04:01 pm
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Source: Financial Post
16 best online deals in the Canadian retail space right now Advertisement The pan-European STOXX 600 index hit its lowest since February 2021 led by rate-sensitive tech and real estate stocks which fell more than 4% each, with the latter hitting over two-year lows. The Fed signaled more hikes after delivering its third 75 basis points hike of the year on Wednesday, and sounding less hopeful of a soft-landing for the U.S. economy. Markets have had to reckon with several central bank decisions this week, including hawkish moves from Sweden, Switzerland, the United Kingdom, and intervention in Japan. “(Thursday's decline) is a follow through from last night's Federal Reserve meeting,” said Giles Coghlan, chief market analyst at HYCM. “Markets are trying to digest all of the central bank action of the last 24 hours.” “Stock traders are seeing higher interest rates coming across, not only the U.S. but also the UK and Europe. So there isn't much reason for stock traders to take
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