Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-28T04:04:50+00:00
NEW YORK (AP) —The bond marketswung Friday as investors built bets thatthe Federal Reservemay hike interest rates soon to get the nation'shigh inflationunder control. U.S. stocks, meanwhile, dipped but not by much after economists said a speech by Chairman Kevin Warsh helped strengthen faith that the Fed will do what's needed to bring inflation down, even if it causes pain for the economy in the short term. The S&P 500 fell 0.2% after flipping between modest gains and losses through the morning. The Dow Jones Industrial Average dipped 9 points, or less than 0.1%, and the Nasdaq composite slipped 0.5%. The reaction was stronger in the bond market following Warsh's first speech as chairman of the Fed at an annual economic symposium held in Jackson Hole, Wyoming. The mountain setting has been
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.