Dow Jones Edges Higher Ahead of Fed Interest Rate Decision, Escalating West Asia Tensions

Wall Street Edges Up Ahead of Fed's Interest Rate Verdict

Wall Street Edges Up Ahead of Fed's Interest Rate Verdict

Dow Jones edges higher ahead of Fed interest rate decision, escalating West Asia tensions

Wall Street’s main indices opened slightly higher on Wednesday as investors awaited the Federal Reserve’s key interest rate decision, while escalating conflict between Israel and Iran continued to fuel global uncertainty.

Dow dips after Fed pause; ASX set to open lower

US stocks ended Wednesday little changed after the Federal Reserve kept interest rates on hold and signalled it was in no rush to cut, citing uncertainty over President Trump’s tariffs. The Dow slipped 44 points, or 0.1%, to 42,171.66. The S&P 500 edged down 0.03%, while the Nasdaq rose 0.13%. While the benchmark rate remains at 4.25–4.5%, the Fed downgraded its 2025 growth forecast to 1.4% and raised its core inflation outlook to 3.1%. Chair Je…

Wall St indexes rise ahead of Fed's interest rate verdict

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Wall St indexes edge higher ahead of Fed's interest rate verdict

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Wall Street edges higher ahead of Fed's rate verdict

US stocks have opened slightly higher as investors prepare for a decision from the country's central bank.