Big Tech Weighs on Stock Market after Fed Pause

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Bond yields hovered near at least 15-year highs, and big tech companies that powered the 2023 rally dragged down stocks.

Sept. 20, 2023 4:47 pm ETFederal Reserve Chair Jerome Powell said Wednesday that the central bank will leave its benchmark interest rate unchanged, the second time this year the Fed opted against raising rates. Photo: Chip Somodevilla/Getty Images

For months, investors snapped up tech stocks as if they didn’t believe the Federal Reserve’s promise to slow the American economy by keeping interest rates higher. Wednesday gave the latest evidence that the tech trade is cooling.Continue reading your article with

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 98. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock Market Today: Dow falls as Fed's hawkish pause puts big dent in big tech By Investing.comStock Market Today: Dow falls as Fed's hawkish pause puts big dent in big tech
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »