Stocks End Lower After Fed Lifts Rates

The Dow Jones Industrial Average swung nearly 900 points Wednesday, slumping after the Federal Reserve raised interest rates for the fourth time in 2018 and signaled a milder path of increases over the next year.

BING NEWS:
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    FTSE climbs ahead of Fed chair Jerome Powell's Jackson Hole speech, while Peppa Pig owner Entertainment One surges on Hasbro buyout. The UK blue-chip index climbed 53 points, or 0.7%, to 7,181 ...
    08/22/2019 - 10:44 pm | View Link
  • Wall St lifts on strong retail earnings
    The release of the minutes from the US central bank's meeting on July 30-31 offered little clarity on the Fed's next move. The policymakers were deeply divided over their quarter-point cut in rates, ...
    08/22/2019 - 3:51 am | View Link
  • Japan stocks flat ahead of Jackson Hole; Shiseido gains
    Nikkei barely changed, ekes out gain of 0.05% * Caution before c.bankers' Jackson Hole meeting caps market * Increase in inbound tourism lifts Shiseido ... for any policy hints from Powellahead of the ...
    08/21/2019 - 7:49 pm | View Link
  • FOREX-Dollar near 3-week high as thaw in risk aversion lifts yields
    Particular focus will centre on Fed Chairman Jerome Powell's comments on monetary policy at a time when investors widely expect the Fed to cut rates again at its next meeting in September. "A series ...
    08/19/2019 - 6:59 pm | View Link
  • FOREX-Dollar near 3-week peak as global stimulus talk lifts yields
    Particular attention will centre on Fed Chairman JeromePowell's comments on monetary policy at a time when investorswidely expect the Fed to cut rates again at its next meeting inSeptember. "A series ...
    08/19/2019 - 5:58 pm | View Link
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