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Newspaper
Holland Sentinel
Location
Holland, Michigan, United States of America
Date
Dec 12, 2019
Page
8
The Dow Jones and Nasdaq finish higher as market gains push stocks of local interest into the plus column. Key indexes close with notable percentage increases and broad participation across sectors signals investor optimism.
The Federal Reserve kept its benchmark rate at 1.5 to 1.75 percent and signaled no moves in 2020 after three cuts this year. Chairman Powell voiced optimism about the economy, noting policy is in a good place despite lingering trade war risks and weaker investment.
Aramco surpassed Apple as the globe’s priciest company after debuting on the Saudi stock exchange. The 1.5 percent stake listing raised 25.6 billion dollars, valuing the firm at 1.88 trillion. The IPO关注 region investors, with future global listings unlikely for at least a year.
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