Washington, Nov 15, 2024 (AFP) - US stocks slump after Fed signals no rush to cut rates

NAMPA / AFP

2024-11-15

Wall Street stocks slipped early Friday, after Federal Reserve Chair Jerome Powell signaled that the US central bank was in no hurry to cut interest rates. About 10 minutes into trading, the Dow Jones Industrial Average fell 0.4 percent to 43,599.25. The broad-based S&P 500 Index retreated 0.7 percent to 5,906.46, while the tech-focused Nasdaq Composite Index plunged 1.3 percent to 18,861.20. The losses came a day after Powell said that US econom......

Restricted content

Business & Finance News

Vienna, Nov 15, 2024 (AFP) - Russia to stop delivering gas to Austria: energy company

2024-11-15 19:30:53

Washington, Nov 15, 2024 (AFP) - US Fed concerned about rise in office loan delinquency

2024-11-15 19:01:56

Vienna, Nov 15, 2024 (AFP) - Russia to stop delivering gas to Austria: energy company

2024-11-15 19:01:56

2024-11-15 18:31:34

Moscow, Nov 15, 2024 (AFP) - Protesters storm Abkhazia parliament over Russian investment deal

2024-11-15 17:33:22

Washington, Nov 15, 2024 (AFP) - US industrial production slump stretched in October

2024-11-15 17:33:22

Washington, Nov 15, 2024 (AFP) - US retail sales lose steam in October after hurricanes

2024-11-15 17:03:21

Luxembourg, Nov 15, 2024 (AFP) - EU pressed for answers in Covid vaccine texts case

2024-11-15 17:03:20

Soweto, South Africa, Nov 15, 2024 (AFP) - Spate of child poisoning deaths sparks S.Africa xenophobia

2024-11-15 17:03:20

Baku, Nov 15, 2024 (AFP) - Oil execs work COP29 as NGOs slam lobbyist presence

2024-11-15 16:31:27

Moscow, Nov 15, 2024 (AFP) - Protesters storm Abkhazia parliament over Russian investment deal

2024-11-15 16:05:14

Latest NAMPA photos

WINDHOEK, 13 November 2024 - University of Namibia Public Relations Officer, Simon Namesho. (Photo: Contributed)

NAMPA

GOBABIS, 14 November 2024 - The Omaheke Regional Council will for the first time award its best athletes in various sports codes at an event in Gobabis on Saturday. (Photo: Contributed)

NAMPA

ONGWEDIVA, 14 November 2024 - The Ongwediva Town Council has started refurbishing the town’s main water tower to prevent interruptions in the water supply. (Photo by: Maria David) NAMPA

NAMPA

NKURENKURU, 14 November 2024- The election officials busy with counting at Nkurenkuru Community Hall. (Photo by: Lylie Joel) NAMPA

NAMPA

OTJIWARONGO, 13 November 2024 - The Electoral Commission of Namibia (ECN)'s Returning Officer at the Paresis Sports Stadium Polling Station in Otjiwarongo, Melody Muesee counts the ballot papers shortly after the special voting in the Presidential and National Assembly elections on Wednesday. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

WINDHOEK, 13 November 2024 - Electoral Commission of Namibia Chairperson Elsie Nghikembua addresses the media on the special voting process. (Photo by: Melissa //Hoebes) NAMPA

NAMPA

KATIMA MULILO, 13 November 2024 – Presiding Officer in the Presidential and National Assembly special elections, Kabende Kawana pictured inside the Ngweze Community Hall at Katima Mulilo in the Zambezi region. (Photo by: Michael Mutonga Liswaniso) NAMPA

NAMPA

OMUTHIYA, 13 November 2024 - Soldiers queueing up for special voting Day at the Omuthiya polling station. (Photo by: Gabriel Tomas) NAMPA

NAMPA