Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24

Stock market today: Wall Street poised for more losses after Fed says rates may stay high in '24

Markets on Wall Street are poised to open with losses after the Federal Reserve said it may not cut interest rates next year by as much as it previously thought. On Wall Street, futures for the S&P 500 were down…

Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24

By ELAINE KURTENBACH AP Business Writer Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Most regional markets fell more than 1%. U.S. futures and oil prices also declined. U.S. stocks slumped Wednesday after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall…

Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24

World shares have declined, echoing a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Benchmarks fell by 1% or more in Paris, Tokyo, Sydney and Hong Kong. U.S. futures slipped and oil prices also were lower. On Wednesday, the Fed held its main interest rate steady at its highest level in more than two decades, as was expected. Officials also indicated they may raise th…

Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24

World shares have declined, echoing a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Benchmarks fell by 1% or more in Paris, Tokyo, Sydney and Hong Kong. U.S. futures slipped and oil prices also were lower. On Wednesday, the Fed held its main interest rate steady at its highest level in more than two decades, as was expected. Officials also indicated they may raise th…

Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24

World shares have declined, echoing a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Benchmarks fell by 1% or more in Paris, Tokyo, Sydney and Hong Kong. U.S. futures slipped and oil prices also were lower. On Wednesday, the Fed held its main interest rate steady at its highest level in more than two decades, as was expected. Officials also indicated they may raise th…

Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24

World shares have declined, echoing a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Benchmarks fell by 1% or more in Paris, Tokyo, Sydney and Hong Kong. U.S. futures slipped and oil prices also were lower. On Wednesday, the Fed held its main interest rate steady at its highest level in more than two decades, as was expected. Officials also indicated they may raise th…