News of New York

The S&P 500 closed lower
17 March 2021
3230
Trading ends in the red The US S&P 500 index ended negative on Tuesday, following energy and industrial shares as investors awaited the outcome of the United States Federal Reserve (Fed) meeting. The market showed no unihip may improve its econ...
Inflation in the U.S. rose in February due to higher petrol prices
12 March 2021
3674
US inflation The US Labor Department said on Wednesday that consumer prices in February rose at the fastest rate in six months. Economists forecast core inflation to reach 2.5 per cent in the spring, but said the increa...
Stock indices fell again after Jerome Powell's statements
5 March 2021
3747
Falling again The Fed chairman did not express concern that Treasury yields are at their highest level since the start of the pandemic. Investors, in turn, are concerned about this Fed stance because of the risks of inflatio...
Nasdaq Composite and S&P 500 fell as bond yields surge
4 March 2021
3638
US indices fall Technology stocks declined on Wednesday and the preceding days, while stocks in the financial, industrial and other sectors, which could rise after a pandemic, increased. Major US stock indices fell sharply on Wednesday, continuing ...
Asian indices fall in trading
26 January 2021
3106
Trading is down Today stock indices of Asia-Pacific countries are falling in trading. Traders continue to monitor the epidemiological situation in various countries, the progress of vaccination in the USA and also await the US Federal Reserve (Fed) ...
Fed meeting and U.S. retail sales report
15 December 2020
3134
Upcoming events The news affecting the stock market this week will be the Fed meeting economic forecasts for GDP and unemployment are expected, as well as the release of the government report on US retail sales in Novem...
Paid 20,000 purchases on JD.com in 24 hours
14 December 2020
3355
Digital yuan Almost 20,000 digital yuan (DCEP) transactions on online retailer JD.com were made by users in the first 24 hours after an experiment began in Suzhou, the Global Times reported. Municipal authorities handed out 100,000 "red envelo...
new U.S. Treasury Secretary
3 December 2020
3435
What to expect from the new US Treasury (UST) Secretary Janet Yellen, former chairman of the Fed, may take over as finance minister after Joe Biden takes over as president. Political experts say that her policy on the US-China trade partnership...
Interest rates may remain zero until 2023-2024
24 November 2020
3460
Recovery of the United States economy The Fed can keep rates zero for another three to four years while the US economy recovers and inflation reaches 2% or more. Charles Evans, President of the Chicago Federal Reserve Bank,...
Mr. Mnuchin announced the end of the Fed's lending programme
21 November 2020
3353
Termination of the Fed lending programme Dow Jones and the S&P 500 have declined following Steven Mnuchin's announcement that key lending programmes will expire on 31 December as most of the funding has not been used by businesses and should be ...
The Fed maintained the basic interest rate
6 November 2020
2965
The Fed acts with caution until the results of the American presidential election On Thursday, Fed Chairman Jerome Powell spoke after a meeting of the Federal Open Market Committee (FOMC), reporting on the Central Bank's position...
Economic Data Points to Pause in Recovery as Aid Programs Expire
22 August 2020
3856
The economy’s rebound showed signs of stagnating. Then enhanced unemployment benefits and a small-business loan program expired. America’s economic recovery is in an uneasy pause, with key indicators of hiring, shopping and investment st...
Stocks dive on coronavirus spike, Fed’s cap on shareholder payouts
27 June 2020
3573
Wall Street’s major indexes dropped on Friday as the US set a new record for a one-day increase in coronavirus cases and bank stocks tumbled after the Federal Reserve decided to cap shareholder payouts. The S&P 500 banks sub-index declined...
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