News Formal

Stocks rise after Fed tames inflation fears, projects U.S. GDP surge

  • 📰 Reuters
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining accommodative monetary policy and projected a rapid jump in U.S. economic growth this year as the COVID-19 crisis eases.

FILE PHOTO: A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-Hoon

Long-term Treasury yields remained elevated in Asian trading as bond investors chose to focus more on rising inflation expectations. The S&P 500 closed at a record high on Wednesday and the Dow Jones Industrial Average closed above 33,000 points for the first time, bolstered by the Fed’s strong economic forecast and Powell’s comments that it is too early to discuss tapering-off measures.The Fed projected the U.S. economy will grow by 6.5% this year - the largest annual output growth since 1984 - thanks in part to massive federal fiscal stimulus and optimism around the success of coronavirus vaccines.

Benchmark 10-year U.S. Treasury yields edged up to 1.6550%, not far from the highest since January last year.

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:

 /  🏆 2. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Good news!

Q

So many bitcon traders on Twitter are trickster Amelimarkdonal thank you for opening my eyes to their ways now I’m pretty sure I’ll be able to help others

More good news please(((

Italia Ultime Notizie, Italia Notizie

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

Asian stocks rise on supportive Fed, Biden’s stimulusGlobal shares and Asian markets rally after Federal Reserve painted a rosy picture of the US economic outlook, repeating a pledge to stick to its guns with an ultra-low monetary policy.
Fonte: trtworld - 🏆 101. / 63 Leggi di più »

Asian stocks rise after Wall Street highs and on vaccine optimismAsian stocks rose Monday after Wall Street hit a new high and investors were encouraged by government stimulus and the rollout of coronavirus vaccines. have they never heard of *INFLATION* 🙄 So
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »