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Global stock markets steady ahead of Fed meeting

NEW YORK (March 17): Wall Streets S&P 500 index ended lower on Tuesday and a gauge of global equities was close to flat as investors awaited the Federal Reserve and other central bank meetings this week, where regulators will indicate whether they will retain policies supporting a post-pandemic recovery. U.S. stocks retreated late in the session, with the Nasdaq shedding more than a 1% gain, as yields on longer-maturity U.S. Treasury bonds ticked up, nipping investor enthusiasm for tech stocks ...
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Nasdaq tumbles to correction territory after Powell comments

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/nasdaq-ends-sharply-lower/"></div>(Reuters) – Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields. A decline of 10% from its February record high would confirm the Nasdaq is in a correction. The […...
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Source: metro.us

Global shares rise as cyclical stocks provide support; yields climb | Money

NEW YORK, Feb 20 — A gauge of global equity markets snapped a three-day losing streak to inch higher testerday as investors sold technology shares and rotated into economically sensitive cyclical stocks in anticipation the US economy will boom on pent-up demand once the coronavirus pandemic is...
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