Global Markets: Dollar, US yields fall on Fed comments; Brexit divorce deal casts shadow
Wall Street`s main indexes were little changed in initial trading. Disappointing forecasts by chip companies Nvidia Corp and Applied Materials weighed on sentiment, but that may have been countered by prospects of a less-aggressive path of rate hikes following comments from Richard Clarida, the newly appointed vice chair of the Federal Reserve.
While the Fed is widely expected to raise rates in December, the number of hikes next year is of investor debate. Image source: Reuters