The ECB's largely unexpected rate cut sparked a short rally on European markets. But the dominant theme on Wall Street was a little blue bird. We asked analyst Lars Halter about it.
At the NYSE, stockbrokers and traders run the show, except when the show runs them. Just how much influence do the iconic traders in the headlines and front page pictures really have?
US stock markets went through more chaos on Thursday, with the latest losses only slightly behind the record-breaking Monday trimming as concerns mount over inflation and interest rate hikes.
Wall Street ended the day Tuesday, with solid gains after a rollercoaster ride that saw losses halved from Mondays plunge. Markets in Asia were down seven percent but regained momentum to close down 4.7 percent.
Plummeting stocks have shocked traders. After a long stretch of serenity, an unexpected storm has hit stock exchanges. We're witnessing a worldwide sell-off, but things will calm down shortly, says DW's Henrik Böhme.
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