Published by
Reuters
Reuters
A look at the day ahead from Dhara Ranasinghe. The S&P 500 looks set to end the week down almost 4% in its biggest weekly drop since late 2020. Trade in futures suggest no reprieve from the pain stocks globally are feeling now. Angst that the U.S. Federal Reserve could slam on the brakes faster than anticipated to contain sticky inflation continue to dominate world markets. And Netflix forecasting weak first-quarter subscriber growth after the close of markets on Thursday, sending its shares sinking almost 20%, doesn’t bode well for the Nasdaq. After all the tech-heavy index closed Wednesday m…