The Dow Jones index has fallen back from another record high after the US central bank said it might need to raise interest rates sooner than expected and cut its bond holdings to curb inflation.At 7:10am AEDT, the Dow Jones index had fallen 0.6pc, to 36,590, the S&P 500 fell 1.2pc, to 4,734, while the Nasdaq Composite lost 2.5pc, to 15,243
Minutes from the Federal Reserve's December policy meeting outlined plans to start reducing the more than $US8 trillion in bonds it is holding. Last month, the Fed said it would end its pandemic-era bond-buying program in 2022 and it indicated there would be at least three interest rate rises for the year.
Technology giants once again took a hit with Apple, Alphabet, Amazon, Meta and Microsoft weighing on the market.Real estate stocks also fell because of the prospect of higher interest rates. In London, the FTSE 100 rose 0.2 per cent, to 7,517, the DAX in Germany rose 0.7 per cent, to 16,272, and the CAC 40 index rose 0.8 per cent, to 7,376.
Hi everybody. I am a pensioner in Russia. I look after a handful of stray cats in the neighborhood, and it's hard for me to do it alone, pensions in Russia are very small (my $ 250 month).Please read me and give at least minimal help. At least with a retweet.Thanks! cats help
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: GuardianAus - 🏆 1. / 98 Lire la suite »