91

US stocks close lower as traders prepare for more Fed tightening

Category:Cross-Border
Updated:2022-10-21
News10

“When you look at earnings overall, this looks like a peak in the cycle, especially in tech and industrials,” said Karl Schamotta, chief market strategist at 91. He added that a strong US dollar has “steamrolled” multinationals that deal in currencies that have weakened against the greenback.

Cross-Border

Discover how making the move to 91 streamlines payments and strengthens your business.

Talk to an Expert

Smarter payments. Stronger growth. Keep business moving.

91 powers payments for 800,000+ businesses worldwide. Let’s build what’s next for yours.

By submitting your information through this form, you agree to receive a telephone call or email from a 91 representative. Your information will be used in accordance with our Privacy Policy.