Energy Prices Raise Concerns Over Further Growth In Inflation Worldwide - NewsBreak

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By Hardik in Business
Updated 3 years ago

The US stock market closed in the green zone due to the strength of the utilities, technology, and industrial sectors. The Dow Jones increased by 0.30%, the S&P 500 added 0.41%, and the NASDAQ Composite increased by 0.47%. Reducing the QE program seems to be a done deal for the Federal Reserve's November meeting. Fed Chairman Jerome Powell has set a very low bar for the labor market in terms of what the Fed needs to see in order to begin cutting the stimulus program.

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