News Formal

Stock market today: US stocks slip from records as focus turns to Fed

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 25 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Nasdaq Composite Berita

Fed,Federal Reserve,Record Highs

Investors braced for a Federal Reserve meeting that should signpost the path of interest rates, with a key inflation print also waiting in the wings.

US stocks drifted lower on Tuesday, retreating from record highs as investors waited for the start of a Federal Reserve meeting that should signpost the path of interest rates. The S&P 500 fell 0.3% while the tech-heavy Nasdaq Composite dropped roughly 0.2% on the heels of notching all-time closing highs. The Dow Jones Industrial Average dropped 0.4%. Stocks have managed to make headway amid market uncertainty about an economy that may be too hot or too cold for comfort.

The two-day Fed policy meeting that kicks off Tuesday is heavily expected to end with borrowing costs kept at their two-decade high. Investors will still watch out for hints on when a shift to cuts will come, with September or November in the frame. Read more: How does the labor market affect inflation? Investors calculating the rate-reduction odds are also looking ahead to May consumer price data due out on Wednesday, given its crucial role in the Fed's deliberations.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 47. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stock market today: Stocks steady as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: Nasdaq slips after record as investors await Nvidia earningsInvestors biding their time for Nvidia results looked to retail earnings and Fedspeak for clues to the economy.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: Dow leads stock market slide as rising Treasury yields rattle nervesA spike in Treasury yields has unsettled investors already weighing whether recent data will shift the needle on interest rates.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: Stock futures edge higher after biggest wipeout for Dow in a yearRenewed concerns over the path of interest rates had prompted the Dow's worst day since March 2023.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: US futures slip away from records as focus turns to FedInvestors braced for a Federal Reserve meeting that should signpost the path of interest rates, with a key inflation print also waiting in the wings.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Stock market today: US futures slip away from records with Fed decision in focusInvestors braced for a Federal Reserve meeting that should signpost the path of interest rates, with a key inflation print also waiting in the wings.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »