World stock markets were cautious last week because inflation in the world is not easing as quickly as investors had hoped, so the interest rates of central banks could remain elevated for a longer period than expected.
On Wall Street last week, the Dow Jones lost 0.1 percent, to 39,118 points, and the S&P 500 slipped by as much, to 5,460 points. The Nasdaq index strengthened, on the other hand, by 0.2 percent, to 17,732 points.
Stock markets were cautious as investors were worried by rising inflation in several countries, including Australia and Canada.
For a long time, it was believed in the markets that the cycle of increasing interest rates in the world was over and that the easing of monetary policy was to follow.
European stock markets also traded cautiously last week. London’s FTSE index weakened by 0.9 percent, to 8,164 points, and the Paris CAC decreased by 1.9 percent, to 7,479 points. The Frankfurt DAX rose, on the other hand, by 0.4 percent, to 18,235 points.
