UK midcaps at three-week low as recession fears grow
UK midcaps hit a three-week trough on Monday while the export-centric FTSE 100 eased from its recent peak on fears of aggressive interest rate hikes by major central banks and slowing economic growth.
KKR raises $19 billion for flagship North America private equity fund
Buyout firm KKR & Co Inc (KKR.N) said on Monday it has raised $19 billion from investors for its latest flagship North America private equity fund, its biggest fund ever.
Analysis: U.S. company results in industrial, materials sectors could shed light on inflation woes
Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key swath of the U.S. economy are dealing with surging inflation, supply chain bottlenecks and higher commodity prices.
Dow, S&P 500 close at records as U.S. infrastructure bill clears Senate
Wall Street rose on Tuesday, with both the blue-chip Dow and benchmark S&P 500 closing at record highs, as economically sensitive value stocksgained with the U.S. Senate’s passage of a $1 trillion bipartisan infrastructure package.
