Stock Market Today: S&P closes lower in wild ride as Fed keeps rate unchanged

Investing.com-- The S&P 500 closed lower Wednesday after swinging between gains and losses as the Federal Reserve kept rates unchanged on Wednesday, but the central bank maintained its easing basis, downplaying the prospect of rate hikes.within a 5.25% to 5.5% range, and signaled that rates could likely remain higher for longer than previously expected, but kept the rate hikes off the table.

The Fed's approach to "dealing with excess inflation pressure has been to rely on the 'higher for longer' strategy for interest rates," Jefferies said. "Nothing from today's communication suggests that is going to change any time soon," it added. As well as rising crude supplies, crude prices were also pressured by growing expectations that a ceasefire agreement between Israel and Hamas could be in sight, reducing tensions in the region and cutting the likelihood of oil supplies being disrupted.5 rate cuts rally 4 rate cuts rally 2 rate cuts rally no rate cuts in 2024 rally..let's see how far they can take it upSP500 up over 25% for rate cuts starting in March. Now, there are no cuts in 2024, yet stocks reverse losses. Delusional.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock Market Today: Gloomy Start to May Ahead of Fed DecisionU.S. futures are down as a busy earnings season continues and investors await an interest rate decision from the Fed.
مصدر: Newsweek - 🏆 468. / 52 اقرأ أكثر »

Stock Market Today: April Ends on Sour Note Ahead of Fed DecisionMcDonald's and Eli Lilly reported earnings, while pot stocks soared on news that the White House may reclassify marijuana as a less dangerous drug.
مصدر: Newsweek - 🏆 468. / 52 اقرأ أكثر »

Stock market today: Global shares mostly rise to start a week full of earnings, Fed meetingGlobal shares are trading mostly higher as investors keep their eyes on potentially market-moving reports expected later this week.
مصدر: ksatnews - 🏆 442. / 53 اقرأ أكثر »

Stock market today: Global shares mostly rise to start a week full of earnings, Fed meetingGlobal shares are trading mostly higher as investors keep their eyes on potentially market-moving reports expected later this week.
مصدر: wjxt4 - 🏆 246. / 63 اقرأ أكثر »

Stock market today: Asian shares mostly rise to start a week full of earnings, Fed meetingAsian shares are trading mostly higher as investors kept their eyes on potentially market-moving reports expected later this week. Benchmarks rose Tuesday afternoon in Tokyo, Seoul and Sydney, while edging down slightly in Hong Kong and Shanghai. On Wall Street, the S&P 500 rose 0.3%, the Dow Jones Industrial Average climbed 0.
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »

Stock Market Today: S&P 500 rides Tesla, Apple higher; Fed meeting eyedStock Market Today: S&P 500 rides Tesla, Apple higher; Fed meeting eyed
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »