Wall Street stocks resumed their upward climb on Wednesday, finishing solidly higher after solid retailer earnings and following Federal Reserve minutes that included no bombshells on monetary policy.[NEW YORK] Wall Street stocks resumed their upward climb on Wednesday, finishing solidly higher after solid retailer earnings and following Federal Reserve minutes that included no bombshells on monetary policy.
The Dow Jones Industrial Average rose 0.9 per cent to finish the day at 26,202.73, not moving significantly after the yield curve inversion. Minutes from the Fed's July 31 meeting said the US central bank will remain flexible and interest rates will not be on a"preset course" in the face of persistent risks from trade uncertainty and weak global growth.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks rise despite another yield inversionNEW YORK: Wall Street stocks resumed their upward climb on Wednesday (Aug 21), finishing solidly higher after solid retailer earnings and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tokyo: Stocks open lower on US losses[TOKYO] Tokyo stocks opened lower on Wednesday following losses on Wall Street amid lingering trade war concerns and falls in Europe on the political crisis engulfing Italy. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US stocks fall, ending three-day winning streakNEW YORK: Wall Street stocks fell on Tuesday (Aug 20), snapping a three-session winning streak amid lingering unease over global growth and the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks rally on hopes for stimulus, dovish Federal Reserve[NEW YORK] Wall Street stocks rose for a third straight session on Monday, joining a global rally amid talk of economic stimulus in Germany and China and expectation of further Federal Reserve interest rate cuts. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Stocks fall, ending three-day winning streak[NEW YORK] Wall Street stocks fell on Tuesday, snapping a three-session winning streak amid lingering unease over global growth and the US-China trade war. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Huawei dismisses new suspension of 'unjust' US banHuawei on Tuesday dismissed Washington's three-month delay to a ban on US firms selling to the Chinese tech giant and said the decision would not change the fact it had been 'treated unjustly'. The US Commerce Department effectively suspended for a second time tough rules stopping the
Source: YahooSG - 🏆 3. / 71 Read more »