Wall Street climbs on Fed statements

Economies.com
2022-11-22 15:45PM UTC

US stock indices rose on Tuesday as markets analyse a batch of statements from Fed officials. 

 

Fed Cleveland President Loretta Mister said she could support a decision to slow down the pace of rate hikes in December. 

 

It comes after the Fed raised interest rates for the fourth time in a row by 75 basis points in November. 

 

Dow Jones rose 0.8%, or 264 points to 33,959 as of 15:41 GMT, while S&P 500 rose 0.6%, or 24 points to 3,974, as NASDAQ rose 0.2%, or 26 points to 11,051. 

American Markets News

Americas News

Markets

US stock indices tumble after weak data
2024-04-25 17:00PM UTC
US stock indices fell on Thursday following disappointing US data earlier today.   US GDP ...
Americas News

Markets

Wall Street heads down as markets assess corporate results
2024-04-24 16:26PM UTC
US stock indices fell on Wednesday as investors assess the latest earnings results for the first ...
Americas News

Markets

US stock indices gain ground as markets focus on earnings
2024-04-23 17:22PM UTC
US stock indices gained ground on Tuesday as markets focus on earnings results, especially for tech ...