U.S. stocks tumble on interest-rate worries - News Summed Up

U.S. stocks tumble on interest-rate worries


U.S. stocks fell the most since Britain voted to leave the European Union, after a Federal Reserve official signaled more willingness to raise interest rates. Before Friday, when the Standard & Poor’s 500-stock index fell 2.45 percent, markets had remained fairly steady since early July. Another influential official, Fed Gov. Another key Fed official, Gov. Investors say that they believe her remarks will provide important clues to which direction the Fed is leaning.


Source: Washington Post September 09, 2016 20:13 UTC



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