US stocks rose Wednesday ahead of a key meeting for the Federal Reserve and congressional testimony from big tech CEOs.
The Federal Reserve isn't expected to introduce new stimulus measures Wednesday, following a two-day policy meeting, but investors will be watching for further guidance on the economic recovery from the pandemic recession. The group will release a press statement at 2 p.m. ET, and Chairman Jerome Powell will speak shortly after.
ETFs are always going to rise over long time horizons! Stop reading this and start increasing your financial literacy instead.
Yes, that does happen when Congress and the Fed choose to guarantee asset prices.
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