ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Stocks slip after hawkish Fed, weak Chinese economic data
BLOOMBERG Stocks retreated on Thursday, with sentiment subdued by the Federal Reserve’s hawkish tone and weak economic data from China. Futures for US benchmarks slid after Chairman Jerome Powell said nearly all Fed officials expected it would be appropriate to raise interest rates “somewhat further†this year following the pause. The tech-heavy Nasdaq 100 was set to trim some of …
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