Dollar pushed to its biggest two-day drop in 13 years

Dollar pushed to its biggest two-day drop in 13 years

File Pic

Global stocks rallied yesterday for a second day in hopes that U.S. inflation would lead to less aggressive interest rate hikes by the Federal Reserve. As a consequence,  the dollar was pushed to its biggest two-day drop in 13 years. The Dow Jones Industrial Average and the S&P 500 gained 0.1 per cent and the Nasdaq Composite advanced 1.9 per cent.

#Dollar #pushed #biggest #twoday #drop #years
By News On Air

You May Like:

MoS Dr. L Murugan on a two-day visit to J&K; visits Kulgam district as part of Central Govt’s Public Outreach Programme Sales under PMBJP increased by more than 100 times in last eight years, says Union Minister Dr. Mansukh Mandaviya