Dow futures weaken ahead of Fed decision; corporate earnings continue to flow

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Dow futures weaken ahead of Fed decision; corporate earnings continue to flow

Investing.com -- U.S. stock futures weakened Wednesday, as investors preferred to head in a vital latest Federal Reserve meeting on a cautious note.

The main indices on Wall Street closed the month higher Tuesday, attempting to regain their footing at the end of a bruising October.keeping interest rates at elevated levels, or even higher, for longer than previously expected, especially in the wake of last week’s strong growth figures. The U.S. central bank concludes its latest two-day policy meeting later in the session. Investors widely expect the Fed to hold rates steady, and comments from Chairwill again take the spotlight as investors parse every word to gauge if another interest rate increase is on the cards later this year.Investors will also keep an eye on the country’s future refinancing plans, with yields close to historic highs, even after the U.S.

{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 450. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: Investingcom - 🏆 450. / 53 Read more »

Dow jumps more than 300 points ahead of Fed rate decision, earningsCertain parts of the economy have proved to be resilient, spurring concerns that the central bank could signal willingness to hold rates at their current level for longer than previously anticipate…
Source: nypost - 🏆 91. / 67 Read more »

Dow books worst October since 2020 as U.S. stocks close higher Tuesday before Fed decisionChristine Idzelis is a markets reporter at MarketWatch and is based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »