Wall Street stocks experienced a slight decline after the Federal Reserve announced an unexpected half-percentage-point interest rate cut. Fed Chair Jerome Powell emphasized a careful approach to further cuts while noting progress in reducing inflation. Major US stock indices saw minor losses, with the Dow Jones, S&P 500, and Nasdaq Composite all falling.
Related Posts
SBI plans to increase headcount by 10,000 this fiscal
State Bank of India plans to recruit around 10,000 new employees this financial year to enhance its banking and technological capabilities. SBI also aims to […]
GST OTP mandate: Flipkart sellers cry foul
Flipkart’s new mandate for sellers to verify their GSTIN through OTP has caused concern among sellers, who fear it could lead to unauthorized access to […]
JPMorgan eyes Swiss corporate business gains, blockchain boost
JPMorgan Chase is targeting growth in its Swiss corporate banking sector, using blockchain services to attract new clients. The bank aims for increased market share […]