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U.S. stocks, dollar sluggish, all eyes on Fed meet this week

U.S. stocks, dollar sluggish, all eyes on Fed meet this week
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Wall Street roars to record peak on rosy earnings, dollar wilts

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NEW YORK U.S. shares bounded to record highs on Thursday helped by strong company earnings and solid economic growth data, though the Federal Reserve’s message earlier this week that it is in no hurry to taper stimulus pinned the dollar at a one-month low.
Following a spate of strong corporate earnings reports from Ford Motor Co to KFC owner Yum Brands Inc overnight, investors were further cheered by data showing the U.S. economy grew at a solid annualized pace of 6.5% in the second quarter.
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GLOBAL MARKETS-US stocks slip on Amazon earnings, dollar ...

GLOBAL MARKETS-US stocks slip on Amazon earnings, dollar ...
trust.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trust.org Daily Mail and Mail on Sunday newspapers.

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U.S. dollar, stocks dip as Fed keeps taper timing close to chest

U.S. dollar, stocks dip as Fed keeps taper timing close to chest
07/28/2021 | 05:56pm EDT
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NEW YORK (Reuters) - U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.
The Fed said after its latest policy meeting ended on Wednesday that the economy has been strengthening despite a rise in coronavirus infections, and that accelerating inflation remained the result of transitory factors.
At a news conference, Fed Chairman Jerome Powell said it was not yet time to think about raising interest rates, and that while the Fed has begun discussing plans to taper its bond purchases, the exact timing will depend on incoming data. ....

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Rosy earnings lifts Wall Street to record peak, dollar wilts

Rosy earnings lifts Wall Street to record peak, dollar wilts
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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