Stocks dip on Fed worry, yen climbs on Japan intervention hint
NEW YORK — A gauge of global stock markets was lower for a second straight day on Wednesday, as a reading on inflation did little to change expectations the U.S. Federal Reserve will remain aggressive in fighting inflation, while the yen jumped as Japan indicated it could move to buttress the weak currency. MSCI’s gauge […]
Stocks dip on Fed worry, yen climbs on Japan intervention hint
NEW YORK — A gauge of global stock markets was lower for a second straight day on Wednesday, as a reading on inflation did little to change expectations the U.S. Federal Reserve will remain aggressive in fighting inflation, while the yen jumped as Japan indicated it could move to buttress the weak currency. MSCI’s gauge […]