Tag Archives: S&P500
Powell Signals a Shift: Time for Change in Monetary Policy
U.S stocks surged following Powell’s remarks, with the S&P 500 index climbing nearly 1% and closing at 5634. In his anticipated speech at the Kansas City Fed’s annual conference in Jackson Hole, Powell stated that “the time has come for policy to adjust.” (S&P 500 Index Daily Price Chart) He indicated readiness to lower interest […]
Concerns over rate cut fuelled US equity selloff.
US stock index took a hit, extending its losses on Wall Street over upcoming data which will provide more clues on interest rates and inflation. S&P500 fell 0.4% to 5,264 while Nasdaq plunged 0.5% to 18,713. During after trading hours, Nvidia came ahead after nosediving 1% to 1,137. （S&P500, 1-hourly chart, TradingView） Investors sold their […]
