NEW YORK — Stocks are ticking higher as Wall Street waits to see the Federal Reserve’s latest forecasts for where interest rates may be heading. The S&P 500 was up 0.2% in early trading Wednesday, continuing a quiet run this week where markets have made few big moves. The Dow rose 68, and the Nasdaq composite was up 0.1%. It’s nearly a foregone conclusion among traders that the Fed will say in the afternoon that it’s keeping its main interest rate steady.
In off-hours equities trading, Pinterest jumped 4% after the company said at its investors day that it expected revenue growth to accelerate in the coming years. The Office for National Statistics said the consumer prices index was up 6.7% in August from the year before, down from 6.8% in July.In Asian trading, Japan's Nikkei 225 fell 0.7% to finish at 33,023.78. Australia's S&P/ASX 200 slipped 0.5% to 7,163.30. South Korea's Kospi was little changed, inching up less than 0.1% to 2,559.74. Hong Kong's Hang Seng dipped 0.6% to 17,885.60, while the Shanghai Composite shed 0.5% to 3,108.57.
He said the strong contribution to economic growth from exports in the April-July quarter was expected to weaken in this quarter.
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Stock market today: Wall Street drifts again ahead of Fed decision on ratesNEW YORK (AP) — Stocks are drifting again as Wall Street waits for the Federal Reserve’s latest decision on interest rates. The S&P 500 was off 0.2% early Tuesday. The Dow slipped 37 points and the Nasdaq composite was down 0.4%.
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Stock market today: Wall Street drifts ahead of Fed's next meeting on interest ratesNEW YORK (AP) — U.S. stocks edged higher as Wall Street makes few big moves in advance of the Federal Reserve’s next meeting on interest rates. The S&P 500 closed virtually unchanged Monday.
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Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decisionTOKYO (AP) — Asian shares were mostly lower in cautious trading Tuesday ahead of the Federal Reserve’s upcoming decision on interest rates. Japan's benchmark Nikkei 225 dropped 1.1% to 33,160.03. Australia's S&P/ASX 200 lost 0.5% to 7,196.70. South Korea's Kospi edged down 0.7% to 2,556.42. Hong Kong's Hang Seng slipped 0.2% to 17,893.99, while the Shanghai Composite fell 0.1% to 3,122.21. The Fed is due to wrap up a two-day meeting on Wednesday. Japan's central bank will meet Thursday-Friday as
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Stock market today: Global shares mixed ahead of U.S. Federal Reserve interest rate decisionGlobal shares were mixed in cautious trading Tuesday ahead of the U.S. Federal Reserve's upcoming decision on interest rates.
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Stock futures step higher as markets wait for Fed: Stock market news todayWall Street stocks set up for a higher open as investors focus on what the Fed plans for the future.
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