Stocks fall, bond yields tumble after Fed's latest rate hike

Summary by The Journal Record

Stocks fell sharply Wednesday after the Federal Reserve indicated the end may be near for its economy-crunching hikes to interest rates, but it also doesn’t expect to cut rates anytime soon despite Wall Street’s hopes.

Published 3 months ago · New York, United States

News Articles

More
Filters

All

Left

Center

Right

Times of India

Fed: US stocks tumble after Fed rate hike, concerns on economy

Wall Street stocks fell following the US Federal Reserve's continued interest rate hikes to tackle rising inflation, with concern mounting that instability in the banking sector could slow economic activity. The Dow and tech-heavy Nasdaq both ended 1.6% lower, while the S&P 500 shed 1.7%.

3 months ago·Mumbai, India

Read Full Article

News18 India

US Stocks Slump after Fed's Ninth Straight Rate Hike as Banking Turmoil Persists

Wall Street stocks tumbled into the red on Wednesday after the Federal Reserve unveiled a ninth straight interest rate hike despite worries surrounding the banking sector. The US central bank raised the benchmark lending rate by a quarter-point.

3 months ago·India

Read Full Article

Associated Press News

Asian shares decline after Fed hints rate hikes may end soon

Asian shares are mostly lower after the Federal Reserve raised a key interest rate, while noting the end may be near for its economy-crunching rate hikes. The Fed raised its

3 months ago·United States

Read Full Article

Independent.ie

Yields drop but stocks hold steady after Fed’s latest interest rate hike

Stocks were holding relatively steady and yields were slumping after the Federal Reserve announced its latest hike in interest rates, while hinting it may not tighten the screws much more on the economy and Wall Street.

3 months ago·Ireland

Read Full Article

Star Advertiser

Stocks fall, bond yields tumble after Fed’s latest rate hike

NEW YORK >> Stocks fell sharply Wednesday after the Federal Reserve indicated the end may be near for its economy-crunching hikes to interest rates, but it also doesn’t expect to cut rates anytime soon despite Wall Street’s hopes.

3 months ago·Honolulu, United States

Read Full Article