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Dow Jones erased earlier gains and ended lower after Powell said he won’t rule out raising rates at every FOMC meeting this year. Tesla earnings beat. Asia-Pacific markets opened cautiously. ....
The Nasdaq 100 index fell over 1% as investors mulled rising inflationary pressures and future rate hikes. Upbeat earnings from BoA, Morgan Stanley and P&G failed to lift the broader market. Asia-P. ....
Major US indices fell on Wednesday after the FOMC meeting minutes hinted at scaling back asset purchases before the end of this year. The DXY US Dollar index climbed. Asia-Pacific markets look set . ....