U.S. stocks opened mostly higher on Wednesday, with only the Dow lagging in the red shortly after the start of cash trading.
Investors attributed the latest Treasury refunding announcement, where the department said it would sell $112 billion in notes and bonds next week, not far out of line with expectations, for helping to reverse premarket losses. Investors are now waiting to hear from Fed Chairman Jerome Powell this afternoon New York time. Here's where the main indexes were trading: S&P 500 up 0.2% at 4,202. Nasdaq Composite up 0.4% at 12,906. Dow off 20 points, or 0.
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.
Stock Market Today: Treasury refunding, Fed decision to shape pivotal sessionLive coverage of a major day for the U.S. stock market with Treasury refunding and a Fed decision.
Read more »
Stock Market Today: Treasury refunding, Fed decision to shape pivotal sessionLive coverage of a major day for the U.S. stock market with Treasury refunding and a Fed decision.
Read more »
Stock Market Today: Stocks slide, Treasury yields steady as Fed decision loomsInvestors are bracing for a key Fed rate decision, as well as the Treasury's quarterly refunding statement, with stocks moving lower heading into the start of Wednesday trading.
Read more »
Stock Market Today: Stocks mixed, Treasury yields steady ahead of Fed meetingStocks are on pace for their worst month of the year this October, with higher Treasury yields, mounting geopolitical risks and muted big tech earnings holding down gains.
Read more »
In the Market-Treasury market braces for seismic SEC ruleIn the Market-Treasury market braces for seismic SEC rule
Read more »
Stock Market Today: Dow ends higher, but can't escape 3rd monthly loss; Fed eyedStock Market Today: Dow ends higher, but can't escape 3rd monthly loss; Fed eyed
Read more »