The Age
·general
·3 hours ago
US stock market declines as Fed signals potential interest rate rise
The US stock market wobbled amid Federal Reserve signals that interest rates may rise by year-end. The S&P 500 declined 0.6 percent after the Fed projected higher rates, while the Australian sharemarket is set for a flat start with futures indicating a 3-point dip. Treasury yields rose as nine Fed officials projected at least one rate increase.
Summary by Glance · The Age
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