#FOMCWatch
Wall Street retreats after the setback in the technology sector.
To the statements from Federal Reserve officials was added a novelty that introduced uncertainty within the technology sector.
The guru of the subprime crisis broke the silence and spoke about the future of the market. Wall Street expects Microsoft to reach $5 trillion in market value: the reasons. In the rest of the world, the situation closed mixed.
The main indices of Wall Street retreat this Wednesday. While geopolitical tensions in Venezuela
are driving up oil prices, the statements from several influential officials of the Federal Reserve were overshadowed regarding the funding obstacles for Oracle's data center plans.
Although it was expected that the appearances of Fed Governor Christopher Waller and the president of the agency in New York, John Williams, would be the main highlight of the day, the day turned towards another focus.
Oracle falls 4.6% after a report said that the company's largest cloud data center partner, Blue Owl Capital, said it would not back a $10 billion deal for its next facility.
