DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime ...
Read More »Stocks rise, Treasuries rally as Fed tightens
Bloomberg US stocks extended gains, Treasuries rallied and the dollar tumbled after the Federal Reserve raised interest rates as expected while keeping steady its forecast that it will tighten a total of three times this year. The S&P 500 Index rose 0.5 percent, while the yield on 10-year Treasury notes tumbled to 2.53 percent at 2:02 p.m. in New ...
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