Wall Street today: US stocks waver ahead of Fed rate decision, Walt Disney soars 10%, Uber falls 2.48%
7 Articles
7 Articles
Wall Street today: US stocks waver ahead of Fed rate decision, Walt Disney soars 10%, Uber falls 2.48%
Source: Live Mint US stock indices wavered on Wednesday ahead of the Federal Reserve’s decision on interest rates later in the day and amid hopes of de-escalation in trade tensions with China. At 11:35 AM EDT, the Dow Jones Industrial Average rose 0.52%, the S&P 500 added 0.03%, and the Nasdaq Composite fell 0.43%. At 09:43 a.m. ET, the Dow Jones Industrial Average rose 221.20 points, or 0.54%, to 41,050.20, the S&P 500 gained 18.42 points, o…
Wall Street rally stalls as investors shy away from risk
New economic data showed that activity in the US service sector rose in April, but also that prices paid by companies for products and services reached the highest levels in two years, indicating that the introduction of tariffs caused a strengthening of inflationary pressures. On Wall Street, the S&P 500 index fell on Monday, after nine days of gains, as investors are cautious ahead of the Fed meeting and after US President Donald Trump announc…
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