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World equities fall after Fed keeps rates on hold, dollar up


  • Economy
  • Friday, 9 Nov 2018

U.S. shares extended losses after the Fed statement, on the heels of Wednesday's post-election rally of more than 2 percent

U.S. shares extended losses after the Fed statement, on the heels of Wednesday's post-election rally of more than 2 percent

NEW YORK: World equity markets declined on Thursday, snapping a seven-session winning streak, with U.S. stocks on the defensive and the dollar strengthening after the Federal Reserve kept interest rates unchanged.

The U.S. central bank held rates steady and said ongoing strong job gains and household spending had kept the economy on track. 

Economy , Markets

   

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