U.S. stocks erase premarket losses and open higher as Fed meeting awaits

U.S. stocks opened higher on Wednesday after erasing premarket losses following the Treasury’s release of its latest refunding schedule. Investors are now looking ahead to Federal Reserve Chairman Jerome Powell’s afternoon press conference and the release of the central bank’s latest decision on interest rates. The S&P 500 SPX, +0.16% opened higher by 7 points, or 0.

1%, to 4,199. The Nasdaq Composite COMP, +0.34% rose by 36 points, or 0.3%, to 12,884. The Dow Jones Industrial Average DJIA, -0.03% rose by 11 points, or less than 0.1%, to 33,058. Futures traders see virtually 100% probability that the Fed will keep rates on hold, but investors will be listening for more clues about how rising bond yields might factor into the central bank’s thinking.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Tax-loss harvesting hurt stocks in October. But traders can use this to their advantage.Joseph Adinolfi is a markets reporter at MarketWatch.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

Here are 5 reasons why U.S. stocks will likely rally into the end of 2023, says one Wall Street veteranJoseph Adinolfi is a markets reporter at MarketWatch.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

U.S. stocks are seen rebounding after worst October in 5 years if this historical trend holdsJoseph Adinolfi is a markets reporter at MarketWatch.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »