US stocks inch higher ahead of Fed; Bitcoin surges

NEW YORK, Dec 16 - Wall Street stocks inched higher in contrast to world shares on Monday as U.S. Treasury yields eased and investors readied for a busy central bank week.

Investors will scrutinize the Fed's Summary of Economic Projections and its"dot plot," which maps out the central bank's future rate cut path, which has become less certain in light of recent data showing sticky inflation amid a relatively robust economy. "It looks like we're going to get a rate cut in a couple days, and like the pro-growth agenda that the new administration is putting forth," Tuz added.The Dow Jones Industrial Average ,rose 73.61 points, or 0.17%, to 43,904.10, the S&P 500 ,rose 25.05 points, or 0.41%, to 6,076.14 and the Nasdaq Composite ,rose 149.34 points, or 0.75%, to 20,076.25.

Yields on 10-year U.S. Treasuries eased from three-week highs as investors awaited the Fed's rate decision on Thursday.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Jordan Becomes Crypto Market Reporter for Kitco CryptoKitco Crypto welcomes Jordan as its new Crypto Market Reporter. With a background in Psychology and Human Behavior, Jordan turned his focus to cryptocurrencies in 2017, noticing the rapid growth of the market. Since then, he has worked as a content creator and crypto news journalist, focusing on the latest developments in the crypto market.
مصدر: KitcoNewsNOW - 🏆 13. / 78 اقرأ أكثر »

Ernest Dorado Joins Kitco News as a Crypto and Market ReporterKitco NEWS, known for its accurate and objective coverage of the economy, stock markets, commodities, cryptocurrencies, mining and metals, welcomes Ernest Dorado. With over 15 years of experience as a writer, editor, broadcaster, and producer, Ernest brings a wealth of knowledge to the team. He previously established the broadcast division of CEP News in Montreal, Canada, and has a Bachelor's degree in Journalism from Concordia University.
مصدر: KitcoNewsNOW - 🏆 13. / 78 اقرأ أكثر »