NEW YORK/LONDON (Reuters) – U.S. stocks fell from record highs on Tuesday while real U.S. bond yields hit all-time lows, as a sell-off in Chinese shares, economic growth concerns and an imminent Federal Reserve meeting put some investors on guard and drove profit-taking. Unsettled by a sharp sell-off in Chinese stocks overnight, where concerns about the impact of a recent tightening in government regulations pummelled prices, global equity markets wobbled on Tuesday amid a spike in volatility. In the United States, investors were also turning cautious ahead of a two-day Federal Reserve meeting that begins Tuesday. All eyes will be on what Fed Chair Jerome Powell says at a post-meeting press conference on Wednesday at 1800 GMT, especially in relation to inflation, economic growth, interest rates and the Fed’s plans for its purchases of government bonds. “There is some concern over where we are on monetary policy,” said Peter Kenny, founder of Kenny’s Commentary LLC and Strategic ...
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