DJIA27081.36
LIVE-879.44(-3.15%)
NDX8834.87
LIVE-244.76(-2.70%)

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

  • Tokyo stocks closed lower on Wednesday extending losses on Wall Street as health officials warned of the increasing likelihood of a coronavirus pandemic. The benchmark Nikkei 225 index lost 0.79 perc...
  • Hong Kong shares ended Wednesday's morning session with more losses on growing fears about the impact of the coronavirus on the global economy. The Hang Seng Index eased 0.49 percent, or 132,46 point...
  • Hong Kong shares sank more than one percent in the opening exchanges on Wednesday, resuming a retreat fuelled by fears over the coronavirus as it quickly spreads around the world. The Hang Seng Index...
  • Tokyo stocks opened lower on Wednesday extending losses on Wall Street, as the coronavirus continued to spread and public officials warned of the increasing likelihood of a global pandemic. The bench...

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.