News Formal

Stock market today: Dow closes lower as debt-ceiling standoff, slip in tech bite By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

⚠️BREAKING: *S&P 500, NASDAQ BOTH DROP OVER 1% AS U.S. STOCKS SINK ON DEFAULT FEARS 🇺🇸🇺🇸

Dallas Federal Reserve President Lorie Logan on Tuesday said the central bank’s “liquidity backstop should be available whenever" banks need it.

The remarks come a day after Federal Reserve Bank of St. Louis President James Bullard said he expects two more rate hikes would be needed to stymie inflation. Despite the hawkish remarks, about 88% of traders continue to believe that the Fed will pause in June, according to Investing.com’sprices after the Saudi energy minister stoked the prospect of further cuts after warning speculators against taking bearish positions in oil.activity rose more than expected in April to a 12-month high, threatening to boost inflation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Dow falls 140 points as investors await debt ceiling deal By Investing.com*U.S. STOCKS END MIXED AS INVESTORS AWAIT DEBT CEILING DEAL $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market News Today: Biden and McCarthy due for debt-ceiling talksUS stocks trade mixed as Biden and McCarthy are due to meet on debt-ceiling talks
Source: BusinessInsider - 🏆 729. / 51 Read more »