US stocks rose Wednesday ahead of a key meeting for the Federal Reserve and congressional testimony from big tech CEOs.
The Federal Reserve isn't expected to introduce new stimulus measures Wednesday, following a two-day policy meeting, but investors will be watching for further guidance on the economic recovery from the pandemic recession. The group will release a press statement at 2 p.m. ET, and Chairman Jerome Powell will speak shortly after.
ETFs are always going to rise over long time horizons! Stop reading this and start increasing your financial literacy instead.
Yes, that does happen when Congress and the Fed choose to guarantee asset prices.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks rise as tech trades higher, investors await stimulus bill | Markets InsiderUS stocks rose on Monday as investors looked to major earnings on deck this week and awaited the release of the GOP's coronavirus stimulus plan.... Meanwhile, their customers are getting screwed.
Source: BusinessInsider - 🏆 729. / 51 Read more »
U.S. senator introduces legislation to curb Big Tech's ad businessRepublican Senator Josh Hawley on Tuesday introduced legislation that would penalize large tech companies that sell or show targeted advertisements by threatening a legal immunity enjoyed by the industry - the latest onslaught on Big Tech's business practices. I thought Republicans hated big government? You mean to tell me they were lying all these years? Every soon-to-be former TikTok user should support this! Senator HawleyMO protecting your online privacy and holding Big Tech accountable.
Source: Reuters - 🏆 2. / 97 Read more »