×

What are you searching for?




Markets

4 Min read

The stock market slumps as the Fed's strong stance dampens China's surge.

Published On 06 Jan 2023 12:11 PM


SHARE THIS ARTICLE  


In spite of China's latest reopening plans, Wall Street was expected to take it easy on Thursday due to positive jobs statistics and the Fed's clear signal that interest rates will not be slashed anytime soon. Overnight, equities in Asia and the Pacific outside of Japan hit a four-month high on the news that China would reopen the mainland border between Hong Kong and the rest of the mainland after three years; however, Europe was unab....


Tags : stock market, interest rates, market borrowing costs, China's surge,
SHARE THIS ARTICLE  

Leave a comment 

comments (0)