28-08-2020 05:49 via kvoa.com

Markets higher as Fed chair says interest rates to stay low

Asian markets are mostly higher after the Federal Reserve said it might keep interest rates low in a major overhaul to its strategy. Shares rose Friday in Japan, South Korea, Hong Kong and Shanghai but fell in Sydney. U.S. futures were higher, suggesting gains might carry over. Overnight, the U.S. benchmark S&P 500 index rose 0.2% to another all-time high, after meandering through a jumbled day of trading to get there. Prices for stocks, bonds and gold all made several U-turns after Fed Chai
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