{"id":34129,"date":"2020-09-17T13:58:02","date_gmt":"2020-09-17T09:58:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=34129"},"modified":"2020-09-17T13:58:05","modified_gmt":"2020-09-17T09:58:05","slug":"european-stocks-drop-from-their-highest-level-in-a-month","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-drop-from-their-highest-level-in-a-month\/09\/17\/market-updates\/","title":{"rendered":"European Stocks Drop From Their Highest Level in a Month"},"content":{"rendered":"\n<p>European shares fell from a one-month closing high on Thursday after a disappointing response to the US Federal Reserve\u2019s pledge to keep interest rates low for a long time.<\/p>\n\n\n\n<p>By 07:10 GMT, the Stoxx600 index was down 1.1% and is on track to end a four-session winning streak.<\/p>\n\n\n\n<p>The Fed pledged to keep interest rates near zero until inflation is on track towards surpassing the 2% target, as expected. But Fed Chairman Jerome Powell said the economic recovery was expected to slow, requiring continued support from other government spending.<\/p>\n\n\n\n<p>US technology stocks led the decline on Wednesday, while their European counterpart fell 1.6%. The banking, auto and mining sectors were the largest in Europe, dropping about 2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European shares fell from a one-month closing high on Thursday after a disappointing response to the US Federal Reserve\u2019s pledge to keep interest rates low for a long time. By 07:10 GMT, the Stoxx600 index was down 1.1% and is on track to end a four-session winning streak. The Fed pledged to keep interest rates &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6864],"class_list":["post-34129","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=34129"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34129\/revisions"}],"predecessor-version":[{"id":34130,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/34129\/revisions\/34130"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30900"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=34129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=34129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=34129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}