DJIA27076.82
LIVE-142.70(-0.52%)
NDX7852.41
LIVE-40.55(-0.51%)

Stocks fall as Fed members signal that a September rate cut is not certain


Thursday, 22 August 2019 23:18 WIB

Standard & Poor's 500Saham AS


c_740_198_16777215_00_images_assets_USMARKET_9usmarket-452983112.530x298.jpg

Stocks were lower on Thursday, giving up earlier gains as investors wondered whether the Federal Reserve will cut interest rates next month.

The S&P 500 fell 0.3%. The Nasdaq Composite traded 0.7% lower. The Dow Jones Industrial Average chopped around the flatline after rallying as much as 186 points.

Powell is set to deliver his speech as President Donald Trump continues attacking the U.S. central bank, pressuring it to lower rates. On Thursday, Trump tweeted: “The Economy is doing really well. The Federal Reserve can easily make it Record Setting.”

Source: CNBC


RELATED NEWS

  • Hong Kong shares extended losses Tuesday on growing geopolitical fears after the weekend attack on Saudi oil facilities, while traders were also on edge over increasingly violent protests that have ro...
  • Tokyo shares ended higher on Tuesday with the dollar's rise encouraging investors despite ongoing concern after a weekend attack on Saudi oil facilities. The benchmark Nikkei 225 index added 0.06 per...
  • Hong Kong started on the back foot Tuesday as investors fretted over geopolitical tensions following the weekend strike on Saudi oil fields that fuelled concerns of a conflict in the Gulf. The Hang S...
  • Tokyo stocks opened lower on Tuesday on geopolitical concerns after crude prices surged following a weekend attack on Saudi oil facilities. The benchmark Nikkei 225 index was down 0.47 percent or 103...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.