Wall St rebounds, dollar stalls as markets digest Fed's slowdown signal

Quick Summary:

NEW YORK :Wall Street rebounded and U.S.

Treasury yields resumed their climb on Thursday as stocks recovered from their steep dive in the wake of the Federal Reserve's hawkish outlook.

The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, fell 0.02 per cent to 108.24, with the euro up 0.28 per cent at $1.0381.

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Article Details

Category: EconomyBusiness

Markets: SingaporeAustraliaCanadaJapanNorwaySwedenSwitzerland

Topics: Fell Rate Dollar Central Rose Basis Points Cent Wednesday Stocks Japan

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 00:29:38 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 849 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 26 words per sentence (average)

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

Copyright Owner: © Channel News Asia

News ID: 24557678

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 37 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 39 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #27

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