Page 40 - கூட்டாட்சியின் இருப்பு தலைவர் ஜெரோம் போவல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Democrats Weigh Powell Being Reappointed as Fed Chair, FT Says
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Yields on gov t debt end flat after Fitch move
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
âInflation has increased notably and will likely remain elevated in coming months before moderating,â Powell said in his prepared testimony. âInflation is being temporarily boosted by base effects, as the sharp pandemic-related price declines from last spring drop out of the 12-month calculation. In addition, strong demand in sectors where production bottlenecks or other supply constraints have limited production has led to especially rapid price increases for some goods and services, which should partially reverse as the effects of the bottlenecks unwind. Prices for services that were hard hit by the pandemic have also jumped in recent months as demand for these services has surged with the reopening of the economy.â
Richard Drew/Associated Press
Wall Street ended a milestone-setting week on a down note Friday, as stocks closed lower and the S&P 500 index posted its first weekly loss in four weeks.
The benchmark index fell 0.8 percent, with a good part of its pullback attributable to declines in big technology stocks, banks and companies that rely on consumer spending. Energy and industrial stocks also helped drag the market down, outweighing gains in health care and utilities companies.
Small-company stocks continued to badly lag the rest of the market. Treasury yields remained relatively low, a sign of caution among investors. The yield on the 10-year Treasury note held steady at 1.29 percent, well below the 1.75 percent it fetched in late March.
Equities steady as Fed calms inflation jitters
published : 17 Jul 2021 at 04:00
Recap: The MSCI World Index held its ground yesterday despite some modest dips in Asia, while European shares opened higher. Equity investors were heartened by Federal Reserve statements that calmed worries about inflation.
The SET index moved in a range of 1,544.71 and 1,580.43 points this week before closing yesterday at 1,574.37, up 1.44% from a week ago, in daily turnover averaging 77.39 billion baht.
Institutional investors were net buyers of 1.91 billion baht and brokerages purchased 528.45 million worth of shares. Foreign investors were net sellers of 2.4 billion and retail investors offloaded 33.85 million baht worth of shares.
vimarsana © 2020. All Rights Reserved.