U.S. stock indexes fell sharply today after the Federal Reserve aggressively cut interest rates to near zero. The Dow was down more than 2,700.
"The effects of the coronavirus will weigh on economic activity in the near term and pose risks to the economic outlook,"The central bank's policymaking committee said it"expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve [the Fed's] maximum employment and price stability goals.
The Fed said it's"prepared to use its full range of tools to support the flow of credit to households and businesses."
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Dow futures plunge 1,000 points after Fed cuts interest rate to zeroInvestors were unassuaged by news that the Federal Reserve is cutting interest rates to zero. US stock futures dropped 5% Sunday evening, hitting the 'limit down,' meaning they can't fall any further.
Leer más »
Coronavirus Updates: Trump Declares National Emergency; Dow Soars; Masters Postponed; Warren Buffett Closes Annual Meeting - WSJ.comAs the coronavirus pandemic roils markets and upends business, The Wall Street Journal is gathering in one place all the latest news and insights on the impact on investors, companies and economies.
Leer más »
The Dow is in a bear market. Here's how bad it could getGoldman's chief U.S. equity strategist says when specific events spark bear markets, stocks' recovery tends to be stronger than it otherwise would be.
Leer más »
Dow futures plunge 1,000 points after Fed cuts interest rate to zeroInvestors were unassuaged by news that the Federal Reserve is cutting interest rates to zero. US stock futures dropped 5% Sunday evening, hitting the 'limit down,' meaning they can't fall any further.
Leer más »
Stock Market Rout Continues, With Trading Halted Even After Fed Slashes Interest Rates To Near ZeroThe Fed’s massive monetary stimulus measures over the weekend did little to reassure nervous investors.
Leer más »
Wall Street set to crash again after Fed slashes ratesWall Street looked set to crater on Monday as fears of a coronavirus-driven rece...
Leer más »