Dow streak of records ends as Fed hikes interest rates
New York economy
New York - Arab Today
Wall Street stocks fell Wednesday after the US Federal Reserve raised interest rates, snapping a seven-day streak of record closes for the Dow.
At the closing bell, the Dow Jones Industrial Average had fallen 0.6 percent to 19,793,28, retreating from the 20,000 mark which was within reach.
The broad-based S&P 500 fell 0.8 percent to 2,253.41, while the tech-rich Nasdaq Composite Index shed 0.5 percent to 5,437.14.
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Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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