Tue, 21-Oct-2025

Stocks waver as Fed rate looms, oil soars on EU embargo

Stocks

Global stocks market wavered on Wednesday as traders braced for an anticipated half-factor interest rate hike from the inflation-preventing US Federal Reserve. Oil expenses rebounded sharply after the European Commission proposed a gradual ban on Russian crude over Moscow’s invasion of Ukraine. European stocks closed down, after a broadly downbeat session in Asia, although key bourses … Read more