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Dow, S&P post worst week in months after hawkish Fed spooks investors
Business Published 19 Jun, 2021 10:39am

Dow, S&P post worst week in months after hawkish Fed spooks investors

(Reuters) - U.S. stocks ended sharply lower on Friday, with the Dow and S&P 500 posting their worst weekly performances in months, after comments from Federal Reserve official James Bullard that the U.S. central bank might raise interest rates sooner than previously expected spooked investors.
Wall Street opens lower as Fed's taper talks drag down tech shares
Business Published 17 Jun, 2021 06:59pm

Wall Street opens lower as Fed's taper talks drag down tech shares

(Reuters) - Weakness in tech shares pulled Wall Street lower at the open on Thursday after the Federal Reserve signaled it could start tapering its stimulus earlier than expected, piling pressure on a sector that is seen as vulnerable to higher interest rates.
Futures hold steady with Fed meeting in focus
Business Published 16 Jun, 2021 05:43am

Futures hold steady with Fed meeting in focus

June 15 (Reuters) - Futures tied to the S&P 500 and the Nasdaq held near record highs on Tuesday as investors looked for comments from the Federal Reserve about whether a recent jump in inflation would prompt a sooner-than-expected tapering in monetary policy.
Fed walks tightrope between big jobs gap and rising inflation
Business Published 15 Jun, 2021 05:06pm

Fed walks tightrope between big jobs gap and rising inflation

Federal Reserve officials meet this week faced with ongoing tension between their two main goals, as inflation rises faster than expected even with millions of Americans still unemployed more than a year after the onset of the coronavirus pandemic.
Wall Street set for flat open as consumer prices jump
Business Published 10 Jun, 2021 07:07pm

Wall Street set for flat open as consumer prices jump

U.S. stock indexes were set for a muted open on Thursday as a surge in consumer prices in May fanned fears of early policy tightening by the Federal Reserve, while another report showed the labor market remained under pressure.