U.S. Treasuries today dropped below 1.7%, thus supporting technology companies’ stock.
As at 7:30 p.m. (MSK), S&P500 index grew 0.7%, with Dow Jones showing a moderate gain of only 0.1%. NASDAQ technology index was among today’s leaders though, with +1.5% gain.
American stock markets were sensibly in correction closer to the weekends
Federal Reserve’s hawkish rhetoric provoked a local block sale after all. Words of Federal Reserve Bank of St. Louis President James Bullard about interest rate increase in 2022 also added fuel to ...
Macroeconomic review: Federal Reserve’s policy implications
Since early 2020, Federal Reserve has pursued Quantitative Easing (QE) policy, that is, it purchases mortgage bonds and Government bonds expanding its balance sheet. Federal Reserve’s policy has critical ...
American stock indexes were divergent during Monday trading session
The main highlight of this week was Federal Reserve meeting where the regulator would announce its decision on the key rate and comment on economic situation in the United States.