US Small Caps Struggle as Elevated Interest Rates Take a Toll usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
By David Randall NEW YORK (Reuters) - The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies, which have lagged broader markets this year. Smal.
The prospect of interest
rates remaining elevated as the Federal Reserve battles
inflation is further clouding the outlook for shares of smaller
U.S. companies, which have lagged broader markets this.
Markets today: Wall Street hit by U.S. Fed jitters to close wild April bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — The stock market sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the Federal Reserve to keep interest rates higher for longer. On the eve of the Fed decision, a broad gauge of US labor costs closely watched by policymakers jumped the most in…