⚠️BREAKING: *S&P 500 CLOSES HIGHER AS U.S. STOCKS SNAP 2-DAY LOSING STREAK DESPITE HAWKISH FED MINUTES - $DIA $SPY $QQQ 🇺🇸 🇺🇸
finished higher on Wednesday but below its session peak after volatile trading following the release of minutes from the Federal Reserve's last meeting, which showed officials laser-focused on controlling inflation even as they agreed to slow their interest rate hiking pace.
Investors were poring over the Fed's internal deliberations for clues about its future path. After the meeting, Fed Chair Jerome Powell had said more hikes were needed, and took a more hawkish tone than investors had expected back then.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks creep higher as inflation data offers hope ahead of Fed By Reuters*GLOBAL STOCKS RISE AS INFLATION DATA OFFERS HOPE AHEAD OF FED -
Read more »
Fed's Kashkari: Fed must avoid cutting rates prematurelyMinneapolis Federal Reserve (Fed) President Neel Kashkari said on Wednesday that the Fed must avoid cutting the policy rate prematurely and having inf
Read more »
Asian Stock Market: Traces recovery in S&P500 futures, oil struggles around $80.00Markets in the Asian domain have followed the footprints of S&P500 futures as the latter recovered sharply in early trade. United States equities futu
Read more »
Tesla stock starts 2023 as the S&P 500’s biggest declinerShares of Tesla Inc. tumbled 10.3% in morning trading Tuesday, to start the year as the S&P 500’s biggest decliner, in the wake of the electric vehicle...
Read more »
A New Commercial Hydrogen-Electric Plane Will Boast a 500 Mile RangeAlaska Air Group is partnering with zero-emission aviation firm ZeroAvia to develop a hydrogen-electric commercial airplane.
Read more »