London, Sept 20, 2024 (AFP) - Stock markets fall after Fed-fuelled rally

NAMPA / AFP

2024-09-20

US and European stock markets retreated on Friday following a record-filled rally that was triggered by a jumbo US interest rate cut this week. The Dow and the broad-based S&P 500 index tumbled following records the previous day in the wake of the Federal Reserve's 50-basis-point rate reduction and pledge of further cuts as inflation cools. "It is Friday, and after this week of all-time highs on just about every index, it wouldn't surprise me tha......

Restricted content

Business & Finance News

Cape Town, Sept 20, 2024 (AFP) - Belgian team wins S.Africa's 'most extreme' solar car race

2024-09-20 22:30:50

New York, Sept 20, 2024 (AFP) - US stocks mixed as Fed officials explain rate cut decision

2024-09-20 22:30:50

Washington, Sept 20, 2024 (AFP) - Rate cut could lift consumer spirits before US elections

2024-09-20 22:01:30

Washington, Sept 20, 2024 (AFP) - US Fed dissenter calls for 'measured' pace of rate cuts

2024-09-20 20:00:48

Plzen, Czech Republic, Sept 20, 2024 (AFP) - Czech Republic, S.Korea insist nuclear deal to go ahead

2024-09-20 20:00:48

Washington, Sept 20, 2024 (AFP) - Central banks face 'difficult balancing act': IMF chief

2024-09-20 19:31:14

Washington, Sept 20, 2024 (AFP) - US Fed governor says bold rate cut not signal of 'falling behind'

2024-09-20 19:00:45

Frankfurt, Germany, Sept 20, 2024 (AFP) - German govt won't sell more Commerzbank shares 'for time being'

2024-09-20 19:00:45

Washington, Sept 20, 2024 (AFP) - Central banks face 'difficult balancing act': IMF chief

2024-09-20 18:31:01

Lagos, Sept 20, 2024 (AFP) - Coca-Cola plans $1 bn investment in Nigeria

2024-09-20 18:31:01

Latest NAMPA photos

SWAKOPMUND, 19 September 2024 - Minister of Trade and Industrialisation (MIT) Lucia Iipumbu, Erongo Governor Neville Andre Itope and MIT Erongo Regional Coordinator Deputy Director Pinehas Shinyala witnessing the handover of ownership letters to beneficiaries of the Equipment Aid Scheme (EAS) and the Industrial Upgrading and Modernisation Programme (IUMP) grants in Erongo Region. (Photo by: Isabel Bento) NAMPA

NAMPA

OMUTHIYA, 19 September 2024 - The Namibia Qualifications Authority held a stakeholder information session at Omuthiya on Thursday. (Photo by: Gabriel Tomas) NAMPA

NAMPA

SWAKOPUND, 19 September 2024 - Erongo Governor Neville Andre Itope photographed with the members appointed to the Erongo Regional Gender Permanent Task Force (ERGPTF) at Swakopmund. The task force aims to gain high-level support for prioritising gender issues, including the national gender plan of action and gender-responsive budget. (Photo: Contributed)

NAMPA

WINDHOEK, 19 September 2024 - Deputy ICT Minister Modestus Amutse. (Photo by: Eba Kandovazu) NAMPA

NAMPA

WINDHOEK, 19 September 2024 - Windhoek High School learners being taught by the Yyeni AI teacher. (Photo by: Sheila Perestrelo) NAMPA

NAMPA

OUTAPI, 19 September 2024 - The Namibian Police Force in the Omusati Region has confiscated mopane poles that were illegally harvested. (Photo: Contributed)

NAMPA

ONDANGWA, 18 September 2024 - The Namibian Surgical Society annual laparoscopic workshop is underway in Ondangwa. (Photo by: Maria David) NAMPA

NAMPA

ONGWEDIVA, 18 September 2024 - ALV Consulting Engineers donated N.dollars 50 000 to Lions Football Club on Wednesday. (Photo by: Maria David) NAMPA

NAMPA