markets in brief

World Markets Daily News – In Brief – Thursday 09/06/2022

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. SMH (AUSTRALIA)

ASX plunges towards three-week low as banks extend losses

The local sharemarket has taken a hit as the banks’ losses continue and inflation worries rock Wall Street.

. RTT NEWS (US)

Growth Worries Drag Asian Markets Mostly Lower

Asian stock markets are mostly lower on Thursday, following the broadly negative cues overnight from the global markets, amid renewed worries about rising inflation, slowing growth and the outlook for interest rates.

. CNBC (US)

Stock futures are lower after Wall Street snaps two-day win streak

Stock futures were lower in early morning trading Thursday after the major averages ended the Wednesday regular session lower and U.S. Treasury yields rose.

. BAHA (AUSTRIA)

Europe lower premarket ahead of ECB decision

European shares traded lower in the premarket hours on Thursday ahead of the European Central Bank’s decision on its key interest rates.

. WSJ (US)

SEC’s Revamp of Trading Rules Faces Criticism From Wall Street

SEC Chairman Gary Gensler said the agency is considering requiring brokerages to route individual investors’ stock orders into auctions, part of a broader revamp of the market’s plumbing aimed at reducing investor costs.

. REUTERS (UK)