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New Zealand markets closed
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  • NZD/USD

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    -0.0013 (-0.22%)
     
  • NZD/EUR

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    -0.0022 (-0.39%)
     
  • ALL ORDS

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  • ASX 200

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  • OIL

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  • GOLD

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  • NASDAQ

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    -356.67 (-2.05%)
     
  • FTSE

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    +18.80 (+0.24%)
     
  • Dow Jones

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    +211.02 (+0.56%)
     
  • DAX

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    -100.04 (-0.56%)
     
  • Hang Seng

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  • NIKKEI 225

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  • NZD/JPY

    91.0710
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Analyst: DC/market pressure put Fed into corner

Stocks mostly rebounded at the close of trading after the Federal Reserve delivered an expected cut in interest rates. Some analysts see the rate cut as the Fed responding to pressures from the Trump administration and equity markets. (Sept. 18)