Among its biggest drags, shares of Intel Corp slid 5.3% after Citi cut its estimates on the chip-maker for the second time in a week.
“That level is what people are focused on because it represents an increase in interest rates and a reflection of inflation and market volatility.” The US Federal Reserve is expected to raise rates by 50 basis points at each of its June and July meetings, with a similar move also likely in September, in an effort to combat inflation.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Expand grid, address Eskom solvency to unlock private investment, says US Treasury rep | Fin24International partners of the $8.5 billion COP26 pledge to support South Africa's transition to a low carbon economy highlight the need for further private investment.
Fonte: Fin24 - 🏆 21. / 63 Consulte Mais informação »
Business Maverick: US Treasury Prohibits Investors From Buying Russian DebtThe US Treasury stepped up financial sanctions on Russia by restricting investors from buying the country’s debt in the secondary market, bringing trading activity almost to a halt on Tuesday as investors scrambled to understand the new restrictions.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »