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Markets Today: SNB Hold Rates, SoftBank Falls 7.7%, Gold Slips Post FOMC. DAX Holds Above Psychological 24000 Handle
Asian markets closed lower with SoftBank's plunge leading the decline following Oracle's disappointing forecast. The Swiss National Bank held rates at 0%. European shares edged lower due to tech sector weakness, overshadowing a less-hawkish US Fed. Oil and Gold slipped, but Silver hit a new record high. The US Dollar saw a small rebound, while the DAX Index holds a key psychological level at 24000.
by Zain Vawda
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