Dow Jones falls more than 100 points, selling to reduce risk Before releasing the statement

2023-10-19 14:57:59 The Dow Jones Index fell more than 100 points as investors sold off risk. Before Mr. Jerome Powell, Chairman of the Federal Reserve (Fed), gave a statement today. In addition, investors are concerned about the release of lower-than-expected numbers of people applying for unemployment benefits. This indicates a strong labor market. and will … Read more

Understanding the Impact of Rising US Treasury Bond Yields on the Federal Reserve’s Monetary Policy

2023-10-11 17:00:08 The American Federal Reserve, in Washington. MANDEL NGAN/AFP Yields on US Treasury bonds are reaching levels not seen in twenty years. The bond market now takes precedence over the monetary policy of the Federal Reserve. Without the latter having raised its key rate since the end of July, the effective cost of credit … Read more

Dow Jones falls nearly 100 points, close to 33,000

2023-10-06 13:42:50 The Dow Jones Index fell nearly 100 points, nearing the 33,000 level after the United States revealed higher-than-expected non-agricultural employment figures. This indicates a strong labor market. and will be a factor supporting the increase in interest rates by the Federal Reserve (Fed). As of 8:32 p.m. Thai time, the Dow Jones Industrial … Read more

New York Stock Market Situation: Dow Jones closes down 430.97 points | RYT9

2023-10-03 23:30:47 The Dow Jones New York Stock Exchange index closed down more than 400 points on Tuesday (Oct. 3) after the United States revealed higher-than-expected job opening numbers. This has led the market to worry that the data will push the Federal Reserve (Fed) to keep interest rates high for a long time. The … Read more

New York Stock Exchange: Dow closes 37.57 points higher | RYT9

2023-08-30 23:31:46 The Dow Jones New York Stock Exchange posted a fourth consecutive gain on Wednesday (Aug. 30) after the latest data showed the US economy slowing. This supported expectations that the US Federal Reserve (Fed) will not raise interest rates at its September meeting. The Dow Jones Industrial Average closed at 34,890.24 points, up … Read more

nirmala sitharaman: Private sector capex has taken off, says Finance Minister Nirmala Sitharaman

2023-08-30 00:48:15 India’s private sector has started to invest, and the economy will do well in the coming quarters, finance minister Nirmala Sitharaman said, while exuding confidence that India will be able to manage the spillovers of high US interest rates. In a freewheeling interview with ET, Sitharaman said Prime Minister Narendra Modi will return … Read more

New York Stock Exchange: Dow closes down 180.65 points | RYT9

2023-08-16 23:44:26 The Dow Jones New York Stock Exchange ended lower on Wednesday (Aug. 16) after minutes from the Federal Reserve meeting suggested Fed officials differed on the need for further rate hikes. This has resulted in the market becoming more concerned about the direction of the Fed’s interest rates. The Dow Jones Industrial Average … Read more

Italian Banking Crisis: Government Imposes 40% Superprofits Tax on Banks

2023-08-08 20:28:22 The securities of Italian banks plunged on the Milan Stock Exchange on Tuesday, after the decision of the government of Giorgia Meloni to levy a 40% tax on their “superprofits” generated by the rise in interest rates. Around 3:30 p.m., all banking shares fell: Intesa Sanpaolo lost 8%, Unicredit 6.5%, Monte dei Paschi … Read more