Stocks rise as traders are reassured the Fed will cut rates in September

Stocks rose on Friday after Federal Reserve Chairman Jerome Powell said during a speech in Zurich that the central will continue to"act as appropriate" to support US economic growth. Powell has repeated the statement several times before, and investors are interpreting it as a sign the Fed will continue to lower borrowing costs this year. The August jobs report from the Labor Department showed that US hiring slowed but remained solid last month.

Stocks rose on Friday after Federal Reserve Chairman Jerome Powell said during a speech in Zurich that the central will continue to"act as appropriate" to support US economic growth. Powell has repeated the statement several times before, and investors are interpreting it as a sign the Fed will continue to lower borrowing costs this year. The August jobs report from the Labor Department showed that US hiring slowed but remained solid last month.

Anticipating stocks rally, unless negative threads launch shortly. Thread is now a powerful 4.0 market-psycho, compares to indulging conventional traits taught by Corfin101.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stocks are whipsawing as traders await a key US jobs report and Fed Chair Powell's speechTraders were divided ahead of monthly nonfarm payrolls data and the Federal Reserve Chair's comments.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Stocks surge on US-China trade progress and healthy jobs dataThe Dow Jones industrial average, S&P 500 index, and Nasdaq Composite all rose during US trading on Thursday. The stock market hawks are following Trump. Black Americans who invest in companies must learn to tune out the crap and really watch what Trump is doing. It could lead to great wealth! Exactly
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »