ET Stocks Rebound After Fed Signals Interest Rates Will Remain Low: Live Updates S&P 500 - % Dow - % Nasdaq - %Stocks rebound as Fed projects interest rates will stay low for years. That has at times caused stocks to swoon — share prices tend to fall as interest rates increase — though key indexes remain near record highs. Advertisement Continue reading the main storyBiden administration defends restrictions on states using relief money for tax cuts. Ohio is expected to receive $5.5 billion in federal relief funds. “It simply instructed them not to use that money to offset net revenues lost if the state chooses to cut taxes.
Source: International New York Times March 17, 2021 10:02 UTC