Friday, 18 June 2021: US equity markets mixed as Federal Reserve monetary policy pronouncements keeps investors pondering
Jun 17, 2021 ·
5m 39s
US equity markets mixed as investors continued to ponder the latest monetary policy pronouncements from the Federal Reserve, although technology stocks traded strongly - Dow fell -210-points or -0.62%, extending...
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US equity markets mixed as investors continued to ponder the latest monetary policy pronouncements from the Federal Reserve, although technology stocks traded strongly - Dow fell -210-points or -0.62%, extending its losing streak into a fourth straight day – the longest losing streak since January. Among some of the Dow’s key components, Caterpillar Inc fell -3.55%, Chevron Corp -2.37% and Dow Inc fell -3.13%, The broader S&P500 dipped -0.04%, with the Energy (down 3.49%), Financials (2.94%) and Materials (-2.20%) recording sharp falls. However, Information Technology rose +1.17% to be the leading primary sector performer. The technology-centric Nasdaq gained +0.84%, with Facebook (up +1.64%), Apple Inc +1.26%), Amazon.com Inc (+2.17%) all posting solid gains. The small capitalisation Russell 2000 fell -1.18%.
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