MARKET WRAP: JSE pares losses, but global recession fears remain
Sentiment remains fragile as data from the US this week mostly signalled a slowing economy
20 January 2023 – 18:51
The JSE pared losses on Friday, ending off its lows, with global markets staging a rebound after more hawkish comments from the Federal Reserve sparked global recessionary fears.
Global markets got a slight boost from a positive earnings report from Netflix, after posting more subscribers than expected even though its quarterly earnings missed analysts’ estimates…
Source: businesslive.co.za
