Indices end down as Iran launches missiles at Israel

Quick Summary:

US stocks ended lower, with the Nasdaq losing more than 1%, on Tuesday as investors grew more cautious after Iran fired missiles at Israel.

The US central bank on Sept.18 cut rates by 50 basis points, kicking off a new easing cycle.

Investors avoided risk following the Middle East news, but indexes ended off their lows of the day.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIsrael

Topics: Markets /Business/ InvestorCaution DefenceStocks FedPolicy MarketVolatility OilPrices MiddleEastTensions NasdaqDrop

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 07:26:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 601 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22843700

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 53 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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