Stocks are on track for their worst week in a month as investors prepare for high U.S. interest rates to persist. This has led to a decline in Treasuries, with…
stocks
US stocks close at lowest since June, Treasury yields spike on hawkish Fed
Wall Street experienced a significant decline on Thursday due to concerns that the Federal Reserve’s monetary policy will remain restrictive for a longer period than expected. All three major U.S.…
By News Team September 21, 2023
US stocks slide, Treasury yields spike on hawkish Fed outlook
Wall Street experienced a significant decline on Thursday due to concerns that the Federal Reserve’s monetary policy will remain restrictive for a longer period of time. This dampened investor risk…
By News Team September 21, 2023
Stocks retreat, US yields advance, dollar strengthens on hawkish Fed
Asian stocks declined across the board on Thursday, following the lead of Wall Street, as investors interpreted the U.S. Federal Reserve’s latest policy statements as indicating higher interest rates in…
By News Team September 21, 2023
Stocks stalled as oil surge sets stage for longer US rate peak
Stocks struggled for progress on Wednesday as surging oil prices fueled inflation concerns and set the stage for the Federal Reserve to project higher interest rates for a longer period.…
By News Team September 20, 2023