today’s news of U.S. stocks
The Fed announced that it will maintain the benchmark interest rate from 0 to 0.25% in the lowest range of historical change, and economic growth in a statement on the pessimism. Previously published data showed that U.S. new home sales in May was lower than expected 300,000, the stock market pressure.
Eastern at 4:00 p.m. on the on June 23rd, the Dow Jones industrial average rose 20.71 points to close at 10,314.23 points, or 0.20%; The Nasdaq composite index fell 7.57 points to close at 2,254.23 points, down 0.33%; Standard & Poor’s 500 index fell 1.83 points to close at 1,093.48 points, down 0.17%.
EDT 14:15, the Fed announced that the federal funds interest rate at 0 to 0.25% of the historically low range remain unchanged,it is in line with market expectations.
Posted: June 24th, 2010 under US Stock Market.
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