US stocks end higher after Powell projects stronger economy

📆 18/03/2021 01:27:00
📰 ChannelNewsAsia

⏱ Reading Time:
16 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 66%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

The S&P 500 and the Nasdaq dropped on Wednesday as U.S. bond yields spiked ahead of the Federal Reserve's policy statement which could provide ...

REUTERS: Wall Street ended higher on Wednesday after the Fed predicted a fast economic recovery from the coronavirus pandemic and said it would maintain its interest rate at close to zero.

"The Fed statement today was more optimistic than some expected, they raised their outlook for both economic growth and the labor market. The market’s view of the statement is that it was fairly optimistic," said David Carter, chief investment officer at Lenox Wealth Advisors in New York.

Scrivi un Commento

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

US travel spending fell 42per cent, down US$492 billion in 2020: industry groupAmericans spent 42per cent less on travel in 2020 as U.S. spending fell US$492 billion amid the COVID-19 pandemic, according to an industry group. $492~500b Huge bussiness model
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »