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International markets roundup
[AAP] - US stocks have closed lower for the second straight day as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve's interest hike, weighed down the market. "It's a confluence of all the factors: oil prices continuing to run down, the Chinese trying to counteract the US dollar and everyone is digesting, globally, what the Fed's announcement means for emerging markets and everything else," said JJ Feldman, portfolio manager at Miracle Mile Advisors in Los Angeles. The week was dominated by the Fed, which raised rates on Wednesday for the first time in nearly a decade.
International markets roundup - Yahoo7 Finance Australia
[AAP] - US stocks have closed lower for the second straight day as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve's interest hike, weighed down the market. "It's a confluence of all the factors: oil prices continuing to run down, the Chinese trying to counteract the US dollar and everyone is digesting, globally, what the Fed's announcement means for emerging markets and everything else," said JJ Feldman, portfolio manager at Miracle Mile Advisors in Los Angeles. The week was dominated by the Fed, which raised rates on Wednesday for the first time in nearly a decade.
International markets roundup - Yahoo7 Finance Australia
