CryptoWhistle - Crypto Currency Tracker logo CryptoWhistle - Crypto Currency Tracker logo
Blockworks 2021-06-25 20:39:26

US Stocks Continue to Rise After Slew of Fed News: Markets Wrap

U.S. equities whipsawed following the Fed's mildly-hawkish announcement last week. The Dow spiraled after Chair Powell hinted at interest rate hikes, benchmarking its worst stretch in over six months. But the index rallied this week, after Powell reassured investors that a 5% inflation environment would be unacceptable.The post US Stocks Continue to Rise After Slew of Fed News: Markets Wrap appeared first on Blockworks.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.