While you were sleeping: Central banks hug limelight

Mon, 30 Nov 2015

By Margreet Dietz Dec. 1 (BusinessDesk) - Wall Street slid, while euro-zone equities rose, as investors eyed speeches by Federal Reserve Chair Janet Yellen this week as well as an European Central Bank meeting on Thursday. Yellen’s comments are expected to underpin bets on the first US interest rate hike in nearly a decade in just weeks away, while euro-zone policy makers are expected to expand their stimulus efforts. In 12.42pm trading in New York, the Dow Jones Industrial Average fell 0.25 percent. In 12.27pm trading, the Standard &...

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