Reserve Bank of Australia says further hikes expected, but not on a fixed path Australia’s central bank said it planned to continue raising interest rates, but was “not on a predefined path”, according to Governor Philip Lowe’s statement. The council monitors factors such as the global economy and household spending in the country, Lowe said. … Read more
Stock futures traded lightly late Monday as investors tried to shake off the previous session’s selloff. Dow Jones Industrial Average futures added 35 points, or 0.1%. S&P 500 and Nasdaq-100 futures both gained 0.1%. Monday’s close marked a negative start to the trading week. The Nasdaq Composite led the charge lower, shedding 1.93% to end … Read more
Stock futures are trading nearly flat on Monday night as investors tried to shake off the previous session’s selloff. Dow Jones Industrial Average futures added 52 points, or 0.1%. S&P 500 and Nasdaq-100 futures both gained 0.1%. Monday’s close marked a negative start to the trading week. The Nasdaq Composite led the charge lower, shedding … Read more