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US stocks end near flat after Fed hikes rates again – Times of India

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[ad_1] NEW YORK: Wall Street stocks shrugged off the latest Federal Reserve interest rate hike on Wednesday, finishing little-changed after a choppy session. The Dow Jones Industrial Average ended 0.2 percent higher at 35,520.12.The broad-based S&P 500 slipped less than 0.1 percent to 4,566.75, while the tech-rich Nasdaq composite Index dipped 0.1 percent to 14,127.28. … Read more

Federal Reserve: ‘Almost all’ Federal Reserve officials agreed to skip June hike: Minutes – Times of India

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[ad_1] WASHINGTON: A united US Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether further rate hikes would be needed, even as the vast bulk expected they would eventually need to tighten policy further, according to meeting minutes released on Wednesday.While “some participants” … Read more