Wall St tumbles, Warren opposes reappoint of Fed Chair, CSL rated as Neutral: ASX to fall
29 Sep 2021 – Global stocks saw a sell-off while energy stocks climbed on a supply crimp. Inflation worries ripple as treasury bond yields climb. Fed Chair described as a “dangerous man” from Senator Elizabeth Warren amid scruitiny on trading conduct of FOMC members, including Mr Powell himself. Credit Suisse rated CSL (ASX:CSL) as a buy with a dampened outlook ahead.
Source: Finance News Network