Latest News

Market Snapshot: Stocks finish lower for second day, Nasdaq sheds 2.2% as Fed minutes detail rapid balance sheet reduction plan

0

U.S. stocks traded lower, but off Wednesday’s worst levels, as investors digested minutes of the Federal Reserve’s March meeting that detailed aggressive plans to shrink its nearly $9 trillion balance sheet.

The minutes also left the door open to more than one half-percentage point interest rate increase, a move bigger than the typical quarter-point increment usually used b the central bank.

What’s happening

On…

Sanctioned Russian’s Family Sells $6 Billion Stake in Gold Miner

Previous article

Commodities Corner: Why U.S. motorists suspect price gouging at the pump — and how much service stations actually profit from a gallon of gas

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in Latest News