Monday, December 27, 2021 12:04:55 UTC
European markets and U.S. futures rose this morning, amid light trading and a cautious atmosphere as traders assessed rising coronavirus infections.
Contracts in the United States edged higher after hitting an all-time high just before the Christmas holiday. While the UK market was closed, Europe's Stoxx 600 Index added to last week's gains. The value of Asian stocks has dropped.(More)
#dow #spy #amzn #shop #dowinc #thefederalreserve #tapering #bonds #stocks #covid
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Wednesday, December 15, 2021 19:36:25 UTC
The Federal Reserve announced plans to accelerate the wind down of its aggressive bond-buying program and signaled at least three interest rate hikes next year.
Stocks broadly surged instantaneously, but are calming after 30 minutes.
Central bank officials had been purchasing $120 billion in Treasury bonds and mortgage-backed securities throughout most of the pandemic to keep credit cheap and stabilize the financial markets.(More)
FED DOUBLES TAPER TO $30B A MONTH
Wednesday, December 15, 2021 19:36:25 UTC
The Federal Reserve announced plans to accelerate the wind down of its aggressive bond-buying program and signaled at least three interest rate hikes next year.
Stocks broadly surged instantaneously, but are calming after 30 minutes.
Central bank officials had been purchasing $120 billion in Treasury bonds and mortgage-backed securities throughout most of the pandemic to keep credit cheap and stabilize the financial markets.
#thefederalreserve #tapering #bonds #stocks #ratehikes #pandemic