News Formal

U.S. stocks sink as Fed signals it will remain aggressive

  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Stocks fell broadly on Wall Street following the latest signal from the Federal Reserve that interest rates will need to go higher than previously expected in order to tame inflation

Financial Markets Wall Street

Technology and communication services stocks led the market’s sell-off. Microsoft fell 3.5% and Google parent Alphabet was down 5.1%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 247. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks follow Wall Street’s downward path in wake of Fed warning on rate-hike outlookMarkets register displeasure, even dismay, over U.S. central bank’s vow to remain aggressive in lifting lending costs until it is clear inflation has been...
Source: MarketWatch - 🏆 3. / 97 Read more »

Bank of America names the tech stocks set to benefit from a driverless car boomThe Wall Street bank gives two of the stocks over 50% upside potential. CNBC Investing Club w/Cramer portfolio down 19.69% year to date. S&P 500 down 16.70% ytd. All you basically need to know. Do not subscribe. Jim costs you $$. Why pay $299 to $499 subscription for consistently poor performance all year? Boom? 😳 not yet they haven’t really solved it yet Mobileye
Source: CNBC - 🏆 12. / 72 Read more »