Fed’s rate cut hint sends stocks surging on Wall Street
Market gains are the biggest in a day since January.
Nevil Gibson
Wed, 05 Jun 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Stocks on Wall Street surged in their best one-day performance since January after US Federal Reserve officials hinted it could lower interest rates if the economy slows in response to escalating tariffs.
Shares of technology companies also rose, a day after fears about heightened regulation
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Nevil Gibson
Wed, 05 Jun 2019
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.