Tag - federal reserve

US equities are backed by tech shares
US equities are backed by tech shares

On Tuesday, American equities bounced off having dipped nearly 2% in each of the last two days, underpinned by leaps in the technology sector as well as a rebound in some bellwether shares such as J&J and Boeing…

Evergreen buck leaps as traders wait for Fed meeting
Evergreen buck leaps as traders wait for Fed meeting

On Friday, the greenback rallied because traders shifted their focus to the highly-anticipated Federal Reserve rate lift already next week, notwithstanding uncertainty over next year’s rate lifts kept gains in check…

US equities inch down
US equities inch down

On Thursday, American equities decreased in volatile trade because optimism provoked by progress in US-China trade negotiations faded away, with market participants preferring defensive sectors, including utilities and real estate…

American labor market tightens
American labor market tightens

The previous week, the total number of US citizens who filed applications for jobless benefits decreased to a 49-year minimum…

Techs push Wall Street up on trade optimism
Techs push Wall Street up on trade optimism

On Wednesday, American equities rallied, backed by the technology sector due to the fact that signs that China would ease its "Made in China 2025" industrial policy contributed to optimism driven by US leader’s positive remarks on trade…

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