Powell Speech Spooks Market
Powell Speech Spooks Market
US Socks fell to their worst loss since Election Day as the rally that Wall Street got from last week's victory for Donald Trump and a cut to interest rates by the Federal Reserve kept fading.
美国股票在选举日以来遭遇了最糟糕的亏损,因为华尔街在上周特朗普胜利和美联储降息的推动下获得的反弹不断减弱。
The S&P 500 sank 1.3% Friday to close a losing week. The Dow Jones Industrial Average dropped 0.7% and the Nasdaq composite fell 2.2%.
标准普尔500指数在周五下跌1.3%,结束了亏损的一周。道琼斯指数下跌0.7%,纳斯达克综合指数下跌2.2%。
Markets reacted to Federal Reserve Chairman Jerome Powell's statement on Thursday saying that the Fed will not rush to cut rates after many experts were pricing in another 25bps cut in December.
市场对美联储主席杰罗姆·鲍威尔周四的声明作出了反应,鲍威尔表示美联储不会急于降息,尽管许多专家预计12月会再次降息25个基点。
Tech stocks again saw a massive sell off yesterday, plunging significantly.
科技股票再次经历了大规模卖出,显著下跌。