Market Updates
Market Pessimism Returns After Cease-fire Talk Falters
Mukesh Buch
30 Mar, 2022
New York City
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Stock rally fizzled after 4 days of gains in the U.S. and Europe and crude oil prices rebounded $2 a barrel on both coasts of Atlantic. European Union is preparing to impose additional stringent sanctions on Russian individuals and corporations and emergency arrangements for natural gas supply interruptions. Bond market yields also signal more economic pain ahead.
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