U.S. stocks fall as Fed signals it will remain aggressive ...Middle East

Stocks fell broadly on Wall Street following the latest signal from the Federal Reserve that interest rates will need to go higher than previously expected in order to tame inflation. The S&P 500 was down 2.3% Thursday, erasing its gains from early in the week. The tech-heavy Nasdaq composite was off 2.8% and the Dow was down 2.3%. Investors are also reviewing government reports showing that while the employment market remains strong, retailers suffered in November as inflation squeezed wallets. The yield on the two-year Treasury, which closely tracks expectations for Fed moves, rose to 4.24% from 4.21% late Wednesday.

Hence then, the article about u s stocks fall as fed signals it will remain aggressive was published today ( Thursday 15/12/2022 - 09:12 PM ) and is available on Los Angeles Daily News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( U.S. stocks fall as Fed signals it will remain aggressive )

Also on site :

• Blue Jays Select Austin Voth, Joe Mantiply
• Gabrielle Union Suffers Devastating Family Loss
• TechCrunch Mobility: ‘A stunning lack of transparency’