The day before, the Dow Jones index fell 1.23%, to 32,396.17 points. The Nasdaq fell 0.2% to 12,348.76 points, and the S&P 500 fell 0.7% to 4,091.19 points. On Tuesday, Wall Street began to show negative signs when the opinions of the directors of the FED on the future of monetary policy became known.
Chicago Fed President Charles Evans said he hopes the Fed will be able to raise its benchmark interest rate by half a percentage point in September. and then continue with quarter point increases until the beginning of the second quarter of 2023.
The tensions between China and the United States cooled after the visit of the president of the US House of Representatives, Nancy Pelosi, to Taiwan, which provoked the ire of Beijing.
European stocks followed their US peers higherreversing earlier losses on mixed results and disappointing economic data.
This day relief came when Speaker of the US House of Representatives Nancy Pelosi left Taiwan on Wednesday night. This ended a historic visit to which Beijing responded with threats and military exercises.
the legislator left for South Koreathe next stop on an Asian tour that also included Singapore, Malaysia Y Japan.