Global stocks mixed after Wall Street rebound

Credit: WorldNews- Published on August 22, 2019
BEIJING — Global stock markets were mixed Thursday following Wall Street's rebound as investors looked ahead to a speech by the U.S. Federal Reserve chairman for clues about possible interest rate cuts. Investor reaction was muted following Wednesday's release of notes from the latest Fed meeting showing conflicting opinions...
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Credit: Wochit Business
Published on August 20, 2019 -  00:34
Wall Street Climbs On Rumors Of Stimulus Efforts
U.S. stocks edged higher on Monday as rumors of stimulus efforts in China and Germany grew. According to Reuters, the reports of a possible uptick eased fears of a global downturn. The S&P 500 recovered following Wednesday’s shortlived flip of the yield curve between 2-year and 10-year Treasuries. After falling nearly 3% on Wednesday, the S&P 500 has climbed for the last three sessions. White House officials reportedly have discussed a temporary payroll tax cut to spur the U.S. economy.

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