Global Markets-Moribund Euro Zone, Amazon Outlook Dent Stocks Ahead of Rate Meetings

28 April 2023

A Europe on the brink of stagnation and a mixed outlook from Amazon dented global shares on Friday as investors hoped that anticipated interest rate hikes next week on both sides of the Atlantic will herald a peaking of borrowing costs. S&P 500 stock index futures were down 0.3% after Amazon.com Inc signalled its cloud growth would slow further…

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