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Friday, November 22, 2024  
19 Jumada Al-Awwal 1446  

federal government

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.