Fed report

US stocks claw back from an early plunge on Fed report

U.S. stocks clawed most of their way back from a deep slide Thursday that at one point had wiped out the market’s gains for the year. An early plunge briefly knocked more than 700 points off the Dow Jones Industrial Average as the arrest of a senior Chinese technology executive threatened to cause another flare-up … Continue reading US stocks claw back from an early plunge on Fed report

WASHINGTON | Fed says trade war downturn could pose challenges

WASHINGTON — Federal Reserve Chairman Jerome Powell said Wednesday that the central bank has tools it can use to cushion the potential economic fallout from a trade war. But he told Congress the effort could be challenging if higher tariffs push inflation up too sharply. If the retaliatory tariffs imposed by other countries slowed U.S. … Continue reading WASHINGTON | Fed says trade war downturn could pose challenges

World stocks lower after Fed report renews bond yield fears

HONG KONG/February 22, 2018 (AP)(STL.News) —World stock markets generally declined Thursday, tracking Wall Street’s fall after the latest Fed report rekindled fears about inflation and rising bond yields. KEEPING SCORE:  European markets fell in early trading. Britain’s FTSE 100 slid 1 percent to 7,205.21 and Germany’s DAX lost 0.5 percent to 12,384.33. France’s CAC 40 … Continue reading World stocks lower after Fed report renews bond yield fears