NEW YORK (AP) — U.S. stocks climbed Wednesday after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are. Wall Street also got a boost from easing yields in the bond market. The S&P 500 jumped 1.1%. The Dow Jones Industrial Average added 383 points, or 0.9%, and…
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75 per cent on Thursday. Hours earlier, the Fed left its target rate in the 4.25 to 4.5 per cent range, following the second Federal Open Market Committee (FOMC) meeting of the year. The HKMA last cut the city’s base rate to 4.75 per…
Photo: Spencer Platt (Getty Images) In This Story The Christmas holiday is fast approaching, and the festive spirit is in full swing as people gear up for celebrations, shopping sprees, and family reunions. While only a few companies are set to release earnings reports this week, the stock market is bracing for a potentially pivotal…