Economic Recovery.
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US Stock Market Closes Higher: All Major Indices Boosted
According to reports, the US stock market closed with all three major stock indices closing higher. The Dow Jones Index closed up 2.63 points, or 0.01%, at 33485.35 points on Thurs
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Borrowing at Fed’s Discount Window Falls While New Bank Term Financing Plan Increases
According to reports, Nick Timiraos, the \”Fed mouthpiece,\” tweeted that in the week ending Wednesday, borrowing at the Fed\’s discount window fell by $22.1 billion to $88.2 billion.
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Federal Reserve Raises Interest Rates Causing Intraday Volatility in US Stocks
According to reports, the Federal Reserve announced a 25 basis point hike in interest rates, causing intraday volatility in US stocks. The late afternoon plunge led to a collective
