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World banks are lifting rates higher and markets aren't yet sure what to make of it

Por: Los Angeles Times Business June 23, 2023

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Stocks drifted to a mixed finish on Wall Street on Thursday as central banks around the world keep cranking interest rates higher in their fight against inflation. The S&P 500 rose 16.20 points, or 0.4%, to 4,381.89, even though the majority of stocks fell. A rebound for technology stocks helped to overshadow losses elsewhere in the market and keep the benchmark index afloat. The gains for high-growth stocks also drove the Nasdaq composite to a... + full article



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