Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Around the World's Markets: NEW YORK

Saturday 26 September 1998 00:02 BST
Comments

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.

SHARE PRICES shook off early losses to close slightly higher after speculation mounted over the possibility of a cut in US interest rates at next Tuesday's FOMC meeting. The Dow Jones closed up 26.78 at 8,028.76, after sliding 100 points in early trading. The index was up 133.10 points from a week earlier.

"A rate cut is pretty much a done deal, and very much priced into the market," said Charles White, managing director of Avatar Associates.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in