BusinessAustralian Associated PressStocks slip in Europe
European stocks have fallen as cautious investors continued to assess how far and fast the US Federal Reserve will begin raising interest rates this year.Also keeping a lid on risk taking were the tech-laden US Nasdaq entering correction territory on Wednesday, a sell-off in bonds, still elevated crude oil prices and increased political tensions over Ukraine.
NewsAustralian Associated PressJobless rate to fall despite payrolls dip
Economists are still confident of a further drop in the unemployment rate and a relatively solid rise in employment when the December labour force figures are released on ThursdayThat's despite new data on Wednesday showing a small dip in payroll jobs and a modest fall in job advertising in the month.The Australian Bureau of Statistics said payroll jobs fell 0.
BusinessAustralian Associated PressWall Street sinks as bond yields spike
Wall Street's main indices have fallen sharply as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as US Treasury yields rose to milestones.The Nasdaq dropped most among major indices on Tuesday and now has fallen about 9.
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