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World 19 May 2022 | 6:36 AM

Dow sinks over 1,100 points in worst day since 2020

NEW YORK, May 18 (Xinhua) -- U.S. stocks plummeted on Wednesday as weak earnings from major retailers stoked concerns about the impact of inflation.

World 19 May 2022 | 4:35 AM

U.S. dollar rises after Fed chair's hawkish remarks

NEW YORK, May 18 (Xinhua) -- The U.S. dollar strengthened in late trading on Wednesday as market participants digested the hawkish comments from Federal Reserve Chairman Jerome Powell.

World 19 May 2022 | 2:50 AM

Gold falls as U.S. dollar rises

CHICAGO, May 18 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Wednesday as the U.S. dollar strengthened.