Premium

Stock market hits new high after US Fed move

New York Times
7 mins to read
Stock market hits new high after US Fed move
Stock market hits new high after US Fed move

Federal Reserve Chairman Jerome Powell signalled Wednesday that the Fed could soon cut interest rates, sending stocks higher as the benchmark S&P 500 stock index briefly traded above 3,000 for the first time.

The New Zealand dollar rose after US Federal Reserve put the rate cut back on the table.

Save