Tuesday, June 21, 2016

Wall Street creeping up – OBI Online

The fear that the British vote to withdraw from the EU declined on Wall Street Tuesday night. Dow Jones rose 0.14 percent to 17,829.73, while the broader S & amp; P 500 index ended up 0.27 percent to 2,088.90. Energy and telecom sector pulled up.

Among Dow Jones shares led Microsoft way with plus 2.2 percent. Boeing fell however by 0.9 per cent.

Technology Heavy Nasdaq climbed 0.14 percent to 4843.76

Janet Yellen

Muted job growth, global unrest and low inflation is one reason why the US Federal Reserve did not raise interest rates, explained Governor Janet Yellen in Congress.

She signaled that the central bank has become less optimistic about the outlook for US growth in the short term.

Yellen also said that a British majority for withdrawal from the EU may have significant financial repercussions.

Clinton warns Trump

Donald Trump will send the US economy into a new recession if he becomes president, according to Hillary Clinton.

Democratic presidential candidate went into the throat of property billion General’s financial expertise in a speech in Columbus in the state of Ohio on Tuesday NTB reported.

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