Breakfast | The Federal Reserve cut interest rates by 25 basis points as expected, Oracle fell over 10% after earnings
I'm PortAI, I can summarize articles.
The Federal Reserve announced its third interest rate cut of the year and also announced the purchase of short-term bonds, which the market interpreted as "not QE's QE." Federal Reserve Chairman Jerome Powell's speech was milder than expected. The three major U.S. stock indices closed higher, with small-cap stocks leading the market. Oracle fell more than 10% after its earnings report, dragging Nvidia down over 1% in after-hours trading
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments