People walk past the New York Stock Exchange (NYSE), September 13, 2016 in New York City. Drew Angerer/Getty Images/AFP
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
World stock indexes jumped and the Nasdaq hit a record high Thursday while bonds rallied, a day after the Federal Reserve signaled an increasingly cautious approach to future U.S. rate increases.The Dow Jones industrial average was up 118.58 points, or 0.65 percent, to 18,412.28, the S&P 500 had gained 12.05 points, or 0.56 percent, to 2,175.17, and the Nasdaq Composite had added 33.20 points, or 0.63 percent, to 5,328.38 .In the bond market, benchmark U.S. yields hit near two-week lows on revived bets the Fed would raise interest rates slowly due to weak economic growth, and inflation stuck below its 2-percent goal.
FOLLOW THIS ARTICLE