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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
4 mins to read

Fed’s rate cut hint sends stocks surging on Wall Street

Market gains are the biggest in a day since January.

Nevil Gibson
Wed, 05 Jun 2019

Stocks on Wall Street surged in their best one-day performance since January after US Federal Reserve officials hinted it could lower interest rates if the economy slows in response to escalating tariffs.

Shares of technology companies also rose, a day after fears about heightened regulation

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Nevil Gibson
Wed, 05 Jun 2019
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Fed’s rate cut hint sends stocks surging on Wall Street
General Business,
79593
true