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Stock impact report

Stocks slip, bonds steady after inflation palpitations [Financial Post (Toronto, Ontario, Canada)]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Financial Post
Federal Reserve officials made clear that U.S. interest rates could rise as soon as March, putting an end to ultra-easy monetary conditions. Fed Governor Lael Brainard became the latest and most senior U.S. central banker to signal that rates will rise in March to fight inflation, saying that the Fed “has projected several rate hikes over the course of the year.” What you need to know about the Omicron wave today Advertisement Advertisement Article content Indeed, data released on Thursday that pointed to rapidly tightening U.S. labor market conditions presaged the supply bottlenecks and persistent inflation pressures that could come, further unsettling investors already nervous about imminent rate hikes. MSCI's gauge of stocks across the globe had shed 0.92%, as stocks in Europe and the United States slipped into the red. After spending much of the day nursing modest declines, U.S. stocks deepened losses toward the end of the session. The S&P 500 lost 1.4%, the Nasdaq Show less Read more
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