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US stocks hit record highs following the Fed's record

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rocky
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US stocks hit record highs following the Fed's record

Post by rocky on Wed 11 Oct 2017, 4:03 pm

US stocks hit record highs following the Fed's record







2017/10/11 23:56




(Encyclopedia of this Day News | Iraq News ) - Live: US stocks rose at the end of trading on Wednesday, to record highs, after questioning the possibility of a rate hike in the coming period.

The Dow Jones Industrial Average was up 0.2% at 22872.9 points, hitting a new record high.

The S & P 500 rose 0.2% to 2555.2 points, hitting a record high, and the Nasdaq rose more than 0.2% at 6603.5 points, its highest level ever.

The Federal Reserve's record today showed an increase in the number of members questioning the need for a new interest rate hike this year, as the weak rate of inflation continues.

While some members pointed to the need for the US central bank to tighten monetary policy for fear of asset bubbles, others have turned to the idea of ​​non-increase in interest, so that the level of inflation is clear during the future period.

Data showed today the number of jobs available in the United States declined in August, but remained near a record high.






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