Published 3 years ago

Wall Street set to drop at open after hawkish Bullard remarks

Summary by Ground News

Futures tracking the S&P 500 and the Nasdaq indexes hovered near record highs on Friday. Wall Street’s main indexes were jolted earlier this week after the Fed unexpectedly signaled it could begin tapering its massive stimulus sooner than expected. Investors returned to heavyweight technology stocks in particular on Thursday.

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Times of India

Dow Jones drops at the open after hawkish Bullard remarks

The Dow Jones Industrial Average fell 403.7 points, or 1.19%, at the open to 33,420.25.

3 years ago·India

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Reuters

Wall Street set to drop at open after hawkish Bullard remarks

Wall Street's main indexes were set to open sharply lower on Friday after Federal Reserve Bank of St. Louis President James Bullard said inflation was stronger than anticipated and it would take the Fed several meetings to figure out how to pare back stimulus.

3 years ago·United Kingdom

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Financial Post

Wall Street drops at open after hawkish Bullard remarks

Wall Street's main indexes opened lower on Friday after Federal Reserve Bank of St. Louis President James Bullard said inflation was stronger than anticipated and it would take the Fed several meetings to figure out how to pare back stimulus. Read More

3 years ago·Canada

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OAN

Dow drops 1% after hawkish Bullard remarks

June 18, 2021By Shashank Nayar and Medha Singh(Reuters) – The Dow fell 1% on Friday after Federal Reserve official James Bullard said inflation was stronger than anticipated and it would take the central bank several meetings to figure out how to pare back stimulus.The blue-chip Dow and the benchmark S&P 500 were set for their worst day in a month after Bullard, president of the St. Louis Federal Reserve, said he was among the seven official…

3 years ago·San Diego, United States

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