Stocks soar to biggest gain in 2 years after Fed downplays higher rate increase

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

The Dow Jones Industrial Average jumped 932 points, or 2.8%, to close at 34,061. The S&P 500 gained almost 3%, while the tech-heavy Nasdaq jumped 3.2%. The S&P saw its best daily performance since May 2020, according to FactSet.

— which marks the biggest increase since 2000 — and signaled their relief through the market rally.

Powell indicated that the central bank is considering additional 0.5% rate increases at its next two meetings, but added that the Fed isInvestors are worrying about whether the Fed can pull off the delicate dance to slow the economy enough to halt high inflation, but not so much as to cause a downturn. Still, the market cheered the Fed's latest moves.

 

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

Although I don’t know exactly how to describe my feelings about $ERBB but it’s incredible and I’m loving how it has grown ever since its launch, so I suggest you go and check it. P.s. it is listed under the amazing American Green!

At least none of the stocks caught COVID-19. Am I right? Election2022

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:

 /  🏆 87. in İT

Italia Ultime Notizie, Italia Notizie

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

Australia stocks set for higher start as investors look ahead to Fed rate decisionThe U.S. Federal Reserve is expected to raise interest rates on Wednesday for the second time since 2018.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Stocks may keep sliding until institutions join retail investors in capitulation, this firm saysRBC Capital Markets equity analysts Lori Calvasina and Sara Mahaffy map out key levels to watch, and see 3,850 as the next rung down the ladder for the S&P 500 if a low from last Friday’s brutal session doesn’t hold.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

Stocks Could Plunge Another 15% After Fed-Spurred Selloff—Will The Economy Fall Into Recession?One analyst worries inflation will force the Fed to hike rates 'until it hurts.' Experts weigh in on whether a recession is around the corner. Most American media are avoiding any recession reporting is a shame not preparing americans , just look at Amazon loose last week people can’t afford to keep buying Chinese junk
Fonte: Forbes - 🏆 394. / 53 Leggi di più »

Stocks briefly extend rise, Treasury yields pull back after Fed statementU.S. stocks popped to session highs then pulled back to remain slightly higher Wednesday in a relatively subdued reaction after the Federal Reserve, as... $BBBY IS THE ONLY PLAY BUYBUYBABY GETS BOUGHT OUT THIS MONTH buybuyBABY BedBathBeyond the pandemic has caused a BabyBoom the rise of babies ryancohen selling off BuyBuyBaby will help $BBBY debt, maybe pay dividends in the future HODL $GME MayThe4thBeWithYou CincodeMayo
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »

Australia Stocks Set for Muted Start After U.S. Fed Hikes Interest Rate as ExpectedThe U.S. Federal Reserve on Wednesday increased its benchmark interest rate by half a percentage point, in line with market expectations.
Fonte: NBCDFW - 🏆 288. / 63 Leggi di più »

Stocks and Bonds Are Falling in Lockstep at Pace Unseen in DecadesBonds have long been advertised as offering strong returns and hedging against the expected swings in stocks. That hedge has evaporated this year.
Fonte: WSJ - 🏆 98. / 63 Leggi di più »