While you were sleeping: Nasdaq climbs to record

Thu, 18 Jun 2015

By Margreet Dietz June 19 (BusinessDesk) - Wall Street rose, pushing the Nasdaq Composite Index to a record, amid optimism US Federal Reserve policy makers are in no rush to raise interest rates. while the American economy is doing well. Fed Chief Janet Yellen’s comments on Wednesday suggested policy makers might lift its benchmark rate just once this year. "While we cannot be certain, our best guess is that Fed Chair Yellen now anticipates only one increase this year — an important shift in the committee’s centre of gravity," Goldman...

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