Stocks Jump Most Since January on Jolt From Powell: Markets Wrap - Bloomberg

[unable to retrieve full-text content]

Stocks Jump Most Since January on Jolt From Powell: Markets Wrap  Bloomberg

U.S. stocks climbed the most since January as Federal Reserve Chairman Jerome Powell signaled an openness to rate cuts and Mexican officials said they expect to avoid Trump administration tariffs. The S&P 500 Index rallied more than 1.5%, rebounding from a technology rout sparked by antitrust concerns. Carmakers and chip manufacturers led the advance after Mexico’s foreign minister said he sees 80% odds to negotiate a solution on levies. The peso surged versus the dollar. Powell Signals Openness to Cut If Needed Over Trade Tensions Powell’s comments added to speculation the central bank wil...

https://www.bloomberg.com/news/articles/2019-06-03/asia-stocks-look-to-steady-as-bonds-extend-gains-markets-wrap

2019-06-04 15:51:33Z
CAIiEOQJ4CCWejAQktU_RCLFdycqGQgEKhAIACoHCAow4uzwCjCF3bsCMIrOrwM

Bagikan Berita Ini