Stocks open mixed as Wall Street awaits key Fed policy update

U.S. stocks opened mixed Wednesday as investors turned their attention to a Federal Reserve policy update later in the session that will offer insights on the path of future interest rates, while continuing to monitor progress on China-U.S. trade talks.

What’s driving the market? With no clarity on a partial U.S. - China trade pact ahead of a Sunday deadline that will see tariffs on mostly consumer products increased to 15% on some $160 billion in China imports, investors are pivoting to the outlook for the economy and monetary policy that the Fed will deliver later Wednesday.

An update from the Fed’s two-day gathering will come at 2 p.m. Eastern Time, with a news conference with Chairman Jerome Powell slated for a half-hour later. Meanwhile, shares of state-backed Saudi Aramco gained 10% on its first day of trading in Riyadh, making it the world’s largest initial public offering and the most highly-valued company in the world.

Lower interest rates people have more money to invest. Common sense.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stocks close broadly lower on Wall Street; trade in focusMARKETS: U.S. stock indexes edged lower in afternoon trading Monday, placing the market on track to give back some of its gains from last week. Envy. Of. The. World. Cheers to the market crashing so we can say i told you so to Trump. Here here !!!!
Fonte: ABC - 🏆 471. / 51 Leggi di più »

European stocks seen mixed as investors await Fed decision and US-China trade newsEuropean stocks are expected to make a cautious start Wednesday as investors await the U.S. Federal Reserve's interest rate decision. This ain’t good
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Stocks in Asia set to rise ahead of Fed interest rate decisionInvestors await the Fed's final interest rate decision for the year, expected later Wednesday stateside, with expectations that the central bank will keep the rate on hold. Sounds good for my nursing homes! Five Star Senior Living: $FVE
Fonte: CNBC - 🏆 12. / 72 Leggi di più »