4/28/2025, 7:52:43 AM | www.newstrail.com | news
Global Markets on Edge as Economic Indicators Signal Potential Slowdown
Global markets are reacting to potential economic slowdown indicators, with tech stocks, commodities, and currencies under scrutiny. Recent data from the Federal Reserve highlighted a contraction in manufacturing output, leading to heightened uncertainty. Tech stocks declined by over 2%, while oil prices fell to $70.25 a barrel, and gold prices surged above $2,500/oz. The US dollar showed strength, impacting international trade and multinational companies. Analysts advise caution and monitoring of upcoming economic reports.