#AceFinanceNews – US MARKET REPORT: Weak consumer spending, trade seen hurting in first quarter growth as stocks rise, bond yields fall, #oil hits 2016 high after Fed statement, as dollar drops – @AceFinanceNews

#AceFinanceNews – April.28: Weak consumer spending, trade seen hurting U.S. first quarter growth

WASHINGTON (Reuters) – U.S. economic growth likely stalled in the first quarter as domestic demand cooled and a strong dollar continued to undercut exports, but a pick-up in activity is anticipated given a buoyant labor market.

U.S. stocks rise, bond yields fall, #oil hits 2016 high after Fed statement

Wall Street stocks edged up, U.S Treasury debt yields fell, and #oil prices rose to the highest level of the year on Wednesday after the Federal Reserve signalled it was in no hurry to change policy.

Oil jumps to 2016 highs as dollar drops on Fed decision

NEW YORK (Reuters) – #Oil prices jumped about 3 percent on Wednesday, hitting new highs for 2016 as the dollar weakened after the Federal Reserve announced it would leave U.S. interest rates unchanged.

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