About: wangwenshuai

Market Focus US shares slid on Tuesday on a combination of steadily deteriorating economic conditions, fears of recession, and extremely high inflation. The world largest retailer, Walmart Inc.’s, weak outlook highlighted the impact of inflation pressures on consumer spending. However, investors are bracing for another 75-basis-point hike amid concerns about a faltering global economy aheadContinue Reading

Market Focus US stocks edged higher on Monday, flirting in a choppy session amid the lowest intraday volatility and volume of the year ahead of the key Fed meeting this week. Big technology companies remained under bearish pressure as markets are expecting bad news from the earnings report season. Investors are waiting for the outcomeContinue Reading

Market Focus US shares declined on Friday, failing to preserve their upside momentum and ended their three-day rally amid disappointing earnings results from social-media firms and weak economic data. Snap Inc.’s poor results and Twitter Inc.’s weaker-than-expected sales figure have both added to the concerns about online ad spending, which is one of the growingContinue Reading