Stocks were mixed in the US, down in Asia and up in Europe (只備英文版)
US stocks were mixed Thursday after the European Central Bank said it would not raise interest rates until mid-2019. This followed the Federal Reserve’s increase in its key rate and hinted at two more increases will come by the end of 2018. The ECB decided to end its bond-purchase program at the close of the year and said rates would stay unchanged until the summer of 2019. The Dow Jones industrials were down 0.1 percent while the S&P was up 0.2 percent and the Nasdaq added 0.8 percent.
US shares tumble after the FOMC announcement while European and Asian stocks were mixed (只備英文版)
US stocks retreated to close lower Wednesday after the Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate increases in the coming months. The Dow Jones industrials declined 0.5 percent, the S&P retreated 0.4 percent and the Nasdaq slipped 0.1 percent.