NEW YORK - The benchmark Dow Jones Industrial Average erased a 200-point drop on Wednesday , leading Wall Street to a split finish as the Federal Reserve delivered another interest rate cut.
But in addressing reporters, Fed Chairman Jerome Powell later reiterated that the central bank was poised to lower rates further if the economy began to weaken. The S&P 500 ended flat at 3,006.71 and, while also well off the session's low point, the tech-heavy Nasdaq was 0.1 per cent lower at 8,177.39.
"Powell handled himself very well during the Q&A. He was very consistent. The market is relieved at that."
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
New York Fed steps into market to move interest ratesNEW YORK: For the first time in more than a decade, the New York Federal Reserve Bank announced on Tuesday (Sep 17) it was pumping billions of ...
더 많은 것을 읽으십시오 »