JSE slips as investors await Big Tech’s earnings reports
US GDP and personal consumption expenditure figures are also due for release later this week
23 October 2023 – 11:16
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The JSE was weaker on Monday morning, along with its global peers as investors looked ahead to the release of corporate earnings from major tech companies.
Markets have been under pressure in the past week as concern about higher interest rates sent US treasury yields above 5% — the highest levels seen since 2007. The move came after US Federal Reserve chair Jerome Powell signalled hawkish messaging in a speech at the Economic Club of New York…
Source: businesslive.co.za