"Thai Deputy Defense Minister Condemns Cambodia Over Landmine Incident Injuring Thai Soldiers; Keo Remy, however, warned, 'Please do not walk like a crab.'" | BREAKING: Tensions Escalate: Thai Troops Prepare to Launch Unauthorized Attack on Cambodian Territory Amid Internal Political Strife | Cambodia Rebuts Thailand’s Baseless Landmine Allegations and Urges Diplomacy to Maintain Regional Peace | Cambodia Accuses Thailand of Using Landmine Incidents as a Political Tool and Violating Ceasefire Agreements | Breaking: Kandal Provincial Police Arrest Notorious Lotion Manufacturer Love Riya | Cambodia Clarifies Misleading Claims About Ottawa Convention Meeting in Bangkok | Cambodia, China, and Thailand Discuss Regional Cooperation and Border Disputes at Mekong-Lancang Meeting | Smile Asia Philanthropic Visionary Award” Presented to Dr. Pich Chanmony Hun Manet | Cambodia & Thailand Call for Restraint and Adherence to International Agreements | International Observer Team Conducts Monitoring Visit Following Cambodia–Thailand Ceasefire Agreement | Cambodia, Vietnam Strengthen Ties in High‑Level Video Conference; Aim for $20B Trade |
"Thai Deputy Defense Minister Condemns Cambodia Over Landmine Incident Injuring Thai Soldiers; Keo Remy, however, warned, 'Please do not walk like a crab.'" | BREAKING: Tensions Escalate: Thai Troops Prepare to Launch Unauthorized Attack on Cambodian Territory Amid Internal Political Strife | Cambodia Rebuts Thailand’s Baseless Landmine Allegations and Urges Diplomacy to Maintain Regional Peace | Cambodia Accuses Thailand of Using Landmine Incidents as a Political Tool and Violating Ceasefire Agreements | Breaking: Kandal Provincial Police Arrest Notorious Lotion Manufacturer Love Riya | Cambodia Clarifies Misleading Claims About Ottawa Convention Meeting in Bangkok | Cambodia, China, and Thailand Discuss Regional Cooperation and Border Disputes at Mekong-Lancang Meeting | Smile Asia Philanthropic Visionary Award” Presented to Dr. Pich Chanmony Hun Manet | Cambodia & Thailand Call for Restraint and Adherence to International Agreements | International Observer Team Conducts Monitoring Visit Following Cambodia–Thailand Ceasefire Agreement | Cambodia, Vietnam Strengthen Ties in High‑Level Video Conference; Aim for $20B Trade |

S&P 500 Ends Lower After Fed Minutes

  • Posted Apr 7, 2022 14:51 by Anthony Ellis
  • 1828
  Aa |   aA

INTERNATIONAL: The benchmark S&P 500 fell on Wednesday (April 6), with steep declines in tech and other growth stocks, after minutes from the Federal Reserve's March meeting sharpened investors' focus on the U.S. central bank's plans to fight inflation.

Fed officials "generally agreed" last month to trim $60 billion per month from the bank's Treasury holdings and $35 billion from its holdings of mortgage-backed securities, with the amounts phased in over three months "or modestly longer," according to the March 15-16 policy meeting minutes.

"The Federal Reserve is very clearly going to be focused like a laser on getting inflationary pressures down." said Michael Jones, Chairman and CEO at Caravel Concepts.

The S&P 500 lost 43.97 points, or 0.97%, to end at 4,481.15 points, while the Nasdaq Composite lost 315.35 points, or 2.22%, to 13,888.81.

The Dow Jones Industrial Average fell 144.67 points, or 0.42%, to 34,496.51.


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