world markets news in brief

World Markets Daily News – In Brief – Sunday 29/05/2022

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. REUTERS (UK)

Wall Street rallies, snaps longest weekly losing streak in decades

Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession.

. MONEY CONTROL (INDIA)

Dalal Street Week Ahead | 10 key factors to watch out for

A volatile week that started with domestic indices struggling to build any momentum after the sharp rally on May 20 ended with both the Nifty 50 and BSE Sensex rising more than one percent each.

. FINANCIAL TIMES (UK)

Emerging markets hit by worst sell-off in decades

Central banks’ rate rises, geopolitical risk and slowing growth trigger investors’ stampede for safety.

. WSJ (USA)

What Investors Are Watching for: Signs of Stability

Wall Street’s ‘fear gauge,’ investors’ sentiment and bond spreads are among measures tracked for clues on where the stock market might go next.

. BLOOMBERG (USA)

First SPAC in the Middle East Surges in Abu Dhabi Trading Debut

ADC Acquisition Corp.’s shares jump as much as 30% at the open
Blank-check listings are starting to gather steam in the Gulf