Market Report - US Close

US close: Stocks fall after Fed comments, strong jobs data

By Benjamin Chiou

Date: Wednesday 01 May 2024

(Sharecast News) - US stock markets finished mostly lower on Wednesday after the Federal Reserve highlighted a "lack of further progress" in bringing inflation down to its 2% target, while data showed private job gains were stronger than expected.
America's central bank stood pat on rates on Wednesday, as expected. However,...

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