GLOBAL MARKETS - Trade Fears Hamper Tech Stocks, Dollar Falls Amid Rate Cut Talk

July 18, 2024, 06.45 AM | Source: Reuters
GLOBAL MARKETS - Trade Fears Hamper Tech Stocks, Dollar Falls Amid Rate Cut Talk

ILUSTRASI. GLOBAL MARKETS - Trade Fears Hamper Tech Stocks, Dollar Falls Amid Rate Cut Talk. REUTERS/Brendan McDermid

GLOBAL MARKET - NEW YORK, July 17 (Reuters) - Global equity indexes mostly fell on Wednesday as possible U.S. trade curbs on chip equipment pulled tech stocks lower, while Treasury yields and the dollar both hit four-month lows as Federal Reserve officials indicated the central bank was getting closer to cutting interest rates.

The Japanese yen rose sharply, in a move suspected to be the result of the latest in a series of interventions from Tokyo to boost the long-depressed currency.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Editor: Hasbi Maulana
Latest News