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Cryptocurrency The move was an unexpected to investors, who have been completely expecting a taper right down to between $65 billion and $75 billion per month based on comments given by Federal Reserve Chairman Ben Bernanke in June.
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Stock markets reacted positively on the afternoon of October. 18, with the Dow Jones Industrial Average gaining 134 points (0.9) to 15,659, an all-time high. The S&P 500 index rose 18 points (1.1%) to 1723, also a record tall. The Nasdaq Composite Index rose 28 points (0.8%) to 3774, its highest level since 2000. Stocks had a modest correction on September. 19, while gold had its largest one-day gain (4.7%) since September 2008, rising $61.70 to $1,369.30. Bitcoin do not appear regarding significantly being affected by the statement, with its value continuing its usual level of volatility.
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