Fed announces to drag US stocks close mixed with Dow, but push more gold - oil continues to rise

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jeu. sept. 17, 2020 6:54 am


Most US stock markets fell after the Fed held interest rates low. But warned about the economy Pushing gold prices for the third consecutive day while the storm situation continues to support oil positively.

US stock market Trading closed on Sept. 16, 2020, mixed with the Dow rose 36.78 points, or 0.1%, to 28,032.38 points, while the S&P 500 fell 15.71 points, or 0.5%, to 3,385.49 points. The NASDAQ was down 139.85 points, or around 1.3%, to 11,050.47.

Wall Street rose early in trading. Given the earnings of companies like FedEx, the White House's vaccine distribution plan and its IPOs, the three indexes fell after the Federal Reserve announced the results of the policy meeting, keeping interest rates low at nearly 0 to. Year 2023 at least But warned about the risks to the economy that would arise in the absence of new stimulus measures. During the COVID-19 outbreak

US oil price Returned more than 40 US dollars a barrel again on Wednesday after data showed. US crude stock volumes Drop beyond expectation While crude oil production in the Gulf of Mexico More affected by Hurricane Sally

West Texas Intermediate (WTI) crude oil futures for October delivery rose US $ 1.88, or about 4.9%, to $ 40.16 a barrel. Brent, North Sea, London For November delivery increased US $ 1.69, or approximately 4.2%, to US $ 42.22 a barrel.

The price of gold rose for a third straight day on Wednesday. Increasing further after the Fed announced that it will maintain interest rates as low as 2023 by the Comex market gold futures. The December delivery period was up $ 4.30, or 0.2% to $ 1,970.50 an ounce.

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