Markets mostly fell Thursday on the prospect of US interest rates going higher, and for longer, as officials try to cool the economy and bring decades-high inflation under control.
Stock markets slid and the dollar firmed Monday after a forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes to cool sky-high inflation.
Markets mostly fell Monday and the dollar held gains after a forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes.
US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in more than five decades, government data showed Friday, despite strong efforts to ease economic activity.