Negotiators say Israel and Hamas are inching toward a ceasefire deal.
“In China, recent disappointing data continues to pressure domestic policymakers to intensify their policy stimulus to invigorate domestic demand,” Stephen Innes of SPI Asset Management said in a commentary.of last week. The country’s Constitutional Court began its first meeting Monday on Yoon’s case to determine whether to remove him from office or reinstate him.
Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations thanks to the wave of enthusiasm about its artificial-intelligence offerings. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome Powell will also answer questions in a press conference following the meeting.
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Stock market today: Asian stocks are mixed ahead of key US inflation dataAsian stocks are mixed after U.S. indexes drifted lower ahead of an update on consumer inflation readings due later Wednesday. U.S. futures were little changed and oil prices rose.
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