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EU stocks

China buyers re-emerge, patient Fed saps dollar
Markets

China buyers re-emerge, patient Fed saps dollar

  • China shares bounce, still down sharply on week
  • Fed sees progress on economy, but not there yet
  • Senate passes infrastructure bill, more votes ahead
  • Facebook stock down after warning on revenue growth
Published 29 Jul, 2021 05:47pm
Stocks push for record high on $6 trillion US spending hopes
Markets

Stocks push for record high on $6 trillion US spending hopes

  • The Fed's vice chair for supervision, Randal Quarles, said on Thursday that he was "fully committed" to keeping monetary policy running full-throttle while jobs recover, while laying out the case that "upside" risks to inflation may be mounting.
Published 28 May, 2021 02:27pm