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11 Articles
Red numbers within equity markets at the global level predominate prior to the Fed's monetary policy announcement, in which a more flexible stance is anticipated. On Wall Street, the Dow Jones reports an increase of 0.70%, in the 46 thousand 78.36 integers, while the casualties are 0.49% for the Nasdaq case, which is around 22 thousand 224.26 points, followed by the S&P 500 which yields 0.10 percent, in the 6 thousand 599.91 units.“The Fed will …
Wall Street opens flat ahead of Fed's policy decision
Wall Street's main indexes opened subdued on Wednesday ahead of a widely anticipated interest-rate cut from the Federal Reserve later in the day, while Nvidia slipped after a report Chinese tech firms might stop buying its chips.
Investors on Wall Street adopted a wait-and-see attitude at the start of trading Wednesday, ahead of the Federal Reserve's interest rate decision later in the day. Investors are almost unanimously expecting the Fed to lower interest rates, a move that could boost the US economy as the labor market shows signs of cooling. However, stock traders are primarily interested in the Fed's outlook on future interest rate policy.
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