News Formal

U.S. stocks open modestly higher ahead of Fed policy decision

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. stocks opened modestly higher Wednesday, as investors await the outcome of the Federal Reserve’s policy meeting. The Dow Jones Industrial Average was up 0.2% soon after the opening bell:

U.S. stocks opened modestly higher Wednesday, as investors await the outcome of the Federal Reserve’s policy meeting. The Dow Jones Industrial Average DJIA was up 0.2% soon after the opening bell, while the S&P 500 SPX rose 0.1% and the Nasdaq Composite COMP gained 0.1%, according to FactSet data, at last check.

The Fed will announce its decision on interest rates at 2 p.m. Eastern Time on Wednesday, with many investors expecting it will hike its benchmark rate by a quarter percentage point to a target range of 5% to 5.25%. Fed Chair Jerome Powell is scheduled to hold a press conference on the central bank’s policy decision...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day.
Source: CNBC - 🏆 12. / 72 Read more »