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

Tumbling oil prices pull down stocks on Wall Street

Analysts debate whether markets overestimate chance of US Federal Reserve rate cut.

Nevil Gibson
Thu, 13 Jun 2019

Stocks on Wall Street extended their losses after suggestions investors might have overestimated the likelihood of a Federal Reserve rate cut.

While trade tensions are still an over-riding concern, recent economic data have largely been positive.

Meanwhile, oil prices fell sharply as

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Nevil Gibson
Thu, 13 Jun 2019
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Tumbling oil prices pull down stocks on Wall Street
General Business,
79697
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