15 Hrs
Source:
الاقتصادية
Standard & Poor's and NASDAQ fall after Warsh comments
The article focused on the decline of the U.S. stock indices, the "S&P 500" and "Nasdaq," following statements by Federal Reserve Chairman Jerome Powell, who reaffirmed the bank's commitment to tackling inflation and maintaining its 2% target. This led to divergent expectations regarding interest rate hikes in September, with the "S&P 500" dropping by 0.26% and the Nasdaq falling by 0.53%, reflecting investors' caution and the central bank's insistence on a hawkish stance to combat inflation.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)