The S&P 500 ended slightly lower on Wednesday, as an initial boost from the like...
NEW YORK - The S&P 500 ended slightly lower on Wednesday, as an initial boost from the likes of Apple, Boeing and General Electric following their quarterly results faded in the wake of a policy announcement from the Federal Reserve.
Stocks initially showed little reaction to the Fed’s policy statement but steadily lost ground on the heels of a news conference by chairman Jerome Powell. The Fed held rates steady as expected while offering no new guidance on its balance sheet, but Powell noted “uncertainties about the outlook remain” and noted the coronavirus outbreak in China.
Apple Inc gained 2.09% after the iPhone maker late on Tuesday reported earnings for the holiday shopping quarter that topped analysts’ expectations, even as it braced for more disruptions in virus-hit China.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
For Fed, 'material reassessment' may be in eye of beholderAt a glance, the Federal Reserve has set a high bar for any change in interest r...
Weiterlesen »
Negative Rates: Economists Explain What Happens If The Fed Gives Trump What He WantsThe Federal Reserve is widely expected to keep interest rates unchanged in the 1.50% to 1.75% range when it concludes its committee meeting today by skleb1234
Weiterlesen »
Tracking the FedA look at what U.S. Fed policymakers are watching, what they are saying and how they have voted to date, as they weigh their next interest rate move ahead of their next meeting.
Weiterlesen »
BOJ releases decade-old inflation target debates as Fed, ECB work to avoid 'Japanification'The danger of committing to an inflation target and difficulty of managing expec...
Weiterlesen »
Treasury yields edge lower ahead of Fed decisionU.S. government debt prices were slightly higher on Wednesday morning, as investors monitored the spread of the coronavirus and looked ahead to a rate decision by the Federal Reserve.
Weiterlesen »
Treasury yields tick higher ahead of Fed meetingU.S. government debt prices were lower Tuesday, following a rally for fixed income assets amid concerns over the Chinese coronavirus.
Weiterlesen »