Headline Details

Fed rate-cut signal sends stocks surging, wounds yields, dollar

Published on: Thu, 20 Jun 2019 15:16:15 UTC
News Agency: Reuters
Description:
World stock markets surged on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2% as investors digested a signal from the Federal Reserve of potential U.S. interest rate cuts as soon as its next meeting.

Click here for FULL Story on Reuters

Also happening now

HeadlineNews Agency
Saudi crown prince requests help from South Korea to strengthen air defenses: Yonhap Reuters
Hong Kong horse races, fireworks abandoned amid protest threat Reuters
Iran seeks de-escalation but will give crushing response to any attack: security official Reuters
JPMorgan says UK PM Johnson unlikely to get a Brexit deal at October summit Reuters
Iran tells U.S.: Response to any attack 'won't be limited to its source' Reuters