News Formal

US stocks climb on Target results, Fed minutes

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Dow Jones Industrial Average ends up 0.1 per cent at 40,890.49.

NEW YORK - Wall Street stocks finished higher on Aug 22, following solid earnings from big-box retailer Target and Federal Reserve meeting minutes that hinted at an upcoming interest rate cut.

The Fed minutes were “dovish and though they’re dated, they suggest the debate is not whether the central bank cuts interest rate at its upcoming September meeting but rather how aggressive the initial phase of this normalisation cycle should be,” said a note from Oxford Economics.showed US employers added around 68,000 fewer jobs monthly in the 12-month period through March 2024 compared with earlier estimates.

The automaker scuttled plans for one new EV model and pushed back the timeframe on a second vehicle in light of a slower-than-expected transition to EVs in North America.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 8. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Wall Street muted as investors look to Fed after stocks recovery:Global shares idled on Wednesday after a lengthy rebound propelled them towards recent record highs, and as investors awaited clues on interest-rate cuts from the Federal Reserve to decide their next move.
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »