ADVERTISEMENT

Tech and tobacco drag stocks into red for first time this week

Tech stocks, along with tobacco giant Philip Morris, dragged indexes lower on Thursday.

Stocks closed lower for the first time this week on Thursday, dragged down by the tech sector. Commodities held near multi-year highs, and inflation jitters pushed bonds lower.

ADVERTISEMENT
ADVERTISEMENT
  • Canada will release monthly inflation data.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

10 least powerful African passports in 2024

10 least powerful African passports in 2024

Top 10 African countries with the largest labor force

Top 10 African countries with the largest labor force

Video footage of Asian man beating two Africans sparks racism comments online

Video footage of Asian man beating two Africans sparks racism comments online

East Africa’s future in energy shines brighter on the continent

East Africa’s future in energy shines brighter on the continent

Infinix NOTE 40 Series takes centre stage with all-round fastcharge 2.0

Infinix NOTE 40 Series takes centre stage with all-round fastcharge 2.0

Here are the new causes of Nigeria’s inflation according to the CBN governor

Here are the new causes of Nigeria’s inflation according to the CBN governor

Russian troops have entered base housing US military forces in Niger

Russian troops have entered base housing US military forces in Niger

Digitalisation: A revolution in financial services

Digitalisation: A revolution in financial services

Most valuable airline loyalty programs in Africa

Most valuable airline loyalty programs in Africa

ADVERTISEMENT