日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Americas

US stocks drop after Fed minutes, crypto fall

Updated: 2021-05-20 06:11
Share
Share - WeChat
[Photo/Agencies]

May 19 - Wall Street's main indexes closed lower on Wednesday after minutes from an April Federal Reserve meeting showed participants agreed the US economy remained far from the central bank's goals, with some considering discussions on tapering its bond buying program.

The S&P 500 added to losses after the release of the minutes revealed a number of Fed policymakers thought that if the economy continued rapid progress, it would become appropriate "at some point" in upcoming meetings to begin discussing a tapering of the Fed's monthly purchases of government bonds, a policy designed to keep long-term interest rates low.

"There continues to be a view and a perspective from the participants, as well as the Fed staff that these inflationary pressures that are beginning to become evident will remain transitory in their view and will likely recede as we transition into 2022," said Bill Northey, senior investment director at US Bank Wealth Management in Minneapolis.

Strong inflation readings and signs of a worker shortage in recent weeks have fueled fears and roiled stock markets despite reassurances from Fed officials that the rise in prices would be temporary.

All three main indexes hit their session lows in morning trade after opening sharply lower, then partially recovered before the release of the Fed minutes pressured them anew.

The Dow Jones Industrial Average fell 164.62 points, or 0.48%, to 33,896.04, the S&P 500 lost 12.15 points, or 0.29%, to 4,115.68 and the Nasdaq Composite dropped 3.90 points, or 0.03%, to 13,299.74.

Volume on US exchanges was 10.70 billion shares, compared with the 10.60 billion average for the full session over the last 20 trading days.

Contributing to a risk-off mood on Wednesday, Bitcoin and ether plunged in the wake of China's move to ban financial and payment institutions from providing cryptocurrency services.

The two main digital currencies fell as much as 30% and 45%, respectively, but they significantly stemmed their losses in afternoon trading after two of their biggest backers -- Tesla Inc chief Elon Musk and Ark Invest's chief executive officer Cathie Wood -- reiterated their support for bitcoin.

Crypto-exchange operator Coinbase Global ,miners Riot Blockchain and Marathon Digital Holdings saw their shares sharply decline on Wednesday. Declining issues outnumbered advancing ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 1.71-to-1 ratio favored decliners.

The S&P 500 posted 3 new 52-week highs and no new lows; the Nasdaq Composite recorded 34 new highs and 49 new lows.

Reuters

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩高清中文字幕 | 欧美经典剧情系列h版在线观看 | 精品久久久久久久人人人人传媒 | 精品久久久久久亚洲 | 亚洲精品乱码8久久久久久日本 | 综合久久久久 | 久草福利资源网站免费 | 久久国产精品一区 | 一级片一级片一级片一级片 | 一区二区三区视频免费 | 91小视频在线观看免费版高清 | 精品久久久久久国产 | 亚洲一区二区三区中文字幕 | 亚洲视频一区在线 | 日一区二区三区 | 久久不射网 | 免费xx视频| 成人午夜精品久久久久久久小说 | 成年人在线视频网站 | 欧美日韩在线免费 | 激情 婷婷| 亚洲欧美综合乱码精品成人网 | 欧美色视频网 | 成年人在线看片 | 99成人 | 成人国产精品免费视频不卡 | 日韩中文字幕一区 | 久久噜噜噜精品国产亚洲综合 | 久久久无码精品一区二区三区 | 欧美激烈大尺度叫床的床戏 | 国产精品成人va在线观看入口 | 天天色踪合 | 激情综合婷婷久久 | www.99精品视频在线播放 | 精品成人一区二区三区 | 国产精品黄大片观看 | 亚洲免费网站 | 久久99精品久久久久久 | 久久久一区二区 | 国产视频一区二区 | 亚洲国产成人九九综合 |