News Formal

US stocks gain ahead of Fed interest rate decision

  • 📰 malaymail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

NEW YORK, July 27 — Wall Street stocks climbed early today ahead of a Federal Reserve decision on raising interest rates and following a stream of earnings reports that left...

NEW YORK, July 27 — Wall Street stocks climbed early today ahead of a Federal Reserve decision on raising interest rates and following a stream of earnings reports that left investors sighing in relief.

“The takeaway for many apparently is that their results and/or guidance was better than feared,” said Briefing.com analyst Patrick O’Hare. About 15 minutes into the trading session, the Dow Jones Industrial Average was up 0.4 per cent at 31,895.04. The Fed is expected to announce another three-quarter-point increase in the benchmark borrowing rate when its two-day policy meeting concludes at 1800 GMT, its latest effort to rein in soaring inflation.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

White House: SK Group US$22b US investment to create secure supply chainsWASHINGTON, July 26 — New investments by South Korean conglomerate SK Group in the United States announced today reflect successful efforts by the Biden administration to create...
Källa: malaymail - 🏆 1. / 86 Läs mer »