US stocks little changed ahead of Fed decision | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 86%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

NEW YORK, June 16 — Wall Street stocks tread water early today as markets awaited a Federal Reserve decision and an update of the central bank’s view on inflation. The Fed is widely expected to maintain its current accommodative stance, but “market participants will be eager to go through...

NEW YORK, June 16 — Wall Street stocks tread water early today as markets awaited a Federal Reserve decision and an update of the central bank’s view on inflation.

The Fed is widely expected to maintain its current accommodative stance, but “market participants will be eager to go through policymakers’ economic projections and hear if the Fed acknowledges if it’s getting closer to altering policy due to rising inflation pressures,” Briefing.com said in an analysis.

Housing data was mixed, with housing starts rising 3.6 per cent last Month from April and permit issues increasing three per cent. However, these gains were smaller than expected.The broad-based S&P 500 dipped less than 0.1 per cent to 4,245.05, while the tech-rich Nasdaq Composite Index edged up 0.3 per cent to 14,110.43.

Among individual companies, General Motors jumped 2.1 per cent as it again lifted its investment plan for electric and autonomous vehicle technology. The auto giant now expects to spend US$35 billion through 2025, up 30 per cent from its prior plan. Oracle slumped 6.1 per cent despite reporting better-than-expected results. Analysts expressed disappointment with the software giant’s forecast. — AFP

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks tread water as investors await Fed policy insights | Malay MailWASHINGTON, June 15 — Global stock markets were mixed while US Treasury yields ticked up yesterday, as investors waited for the results of a Federal Reserve policy meeting before making any major new bets. The continued hope for a rapid economic comeback put wind in the sails of oil markets as...
La source: malaymail - 🏆 1. / 86 Lire la suite »

Dollar hovers near one-month high with market frozen before Fed test | Malay MailTOKYO, June 15 — The dollar hovered below a one-month high compared with major peers today ahead of a much-anticipated Federal Reserve meeting that could signal a change in the outlook for US monetary policy. The US currency has been buoyed as traders closed short positions before the Fed’s...
La source: malaymail - 🏆 1. / 86 Lire la suite »