Around the World's Markets: New York
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.US STOCKS and bonds rallied after the Federal Reserve said it is no longer leaning toward raising interest rates, following a quarter- point increase today.
"This takes away the Chinese water torture about when the tightening will end,'' said one analyst. "You could make really good money in the stock market this summer.'' The Dow Jones jumped 155.45, or 1.4 per cent, to 10,970.80, led by JP. Morgan & Co. The Nasdaq index soared 44.01, or 1.7 per cent, to 2,686.12.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments