Dollar weighs on yen and euro as US stocks extend slump

Dollar weighs on yen and euro as US stocks extend slump

The euro and yen sunk to new multi-year lows against the dollar on Tuesday as investors focused on central bank efforts to contain surging inflation and fears of an economic slowdown.
US stocks rally again as China premier warns on Covid-hit economy

US stocks rally again as China premier warns on Covid-hit economy

Wall Street stocks rose for a second straight session Thursday on a mixed day for global equities, while China's premier offered an unusually stark warning as the country's zero-Covid strategy bites into growth.