- Analytics
- News and Tools
- Market News
- Global Stocks: Wall Street nervous before FED, Nikkei at fresh 15-year high
Global Stocks: Wall Street nervous before FED, Nikkei at fresh 15-year high
U.S. stocks declined in nervous trading ahead of the FED's rate statement scheduled for today at 18:00 GMT to get an indication on the timing of an interest rate hike. The wording will be closely watched to see if the pledge to be "patient" will be removed. The S&P 500 closed -0.33% with a final quote of 2,074.28 points. The DOW JONES index lost -0.71% closing at 17,849.08 points.
Chinese stocks continued to add gains on Wednesday on speculations that the Chinese government will take further steps to stimulate economic growth. On Sunday Premier Li Keqiang announced to further stimulate the economy if necessary. Hong Kong's Hang Seng is trading higher adding +0.90% at 24,117.40 points. China's Shanghai Composite closed at 3,577.04 points closing +2.10% - up for a sixth consecutive day reaching the highest level since June 2008. In the last 12 months the index rose by almost 77%.
The Nikkei extended its 15-year closing high on Wednesday again as sentiment remains bullish and investors bet on an economic recovery. The index closed +0.60% with a final quote of 19,544.48 points. Nintendo was the biggest winner after announcing to enter the smart-phone market.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
