that it had no immediate intentions of removing U.S. monetary stimulus policies. Wednesday's gains put a dent in Monday's plunge and the slide in September, which historically has been a rough month on Wall Street. The Dow was off nearly 4% from last month's record close. The S&P 500 and Nasdaq were off about 3% from their latest record closes earlier this month.
is expected to show a decline to near Covid pandemic lows. First-time filings for unemployment benefits for the week ended Sept. 18 are seen coming in at 320,000 compared to the prior week's 332,000. After its two-day September meeting, the Fed on Wednesday provided its quarterly economic projections. Officials see the nation's unemployment rate falling to 4.8% this year from the current 5.2%. However, the June estimate was for a year-end rate of 4.5%.The Marriner S.
said during his post-meeting news conference that if the recovery remains on track, "a gradual tapering process that concludes around the middle of next year is likely to be appropriate."A nurse reaches for a vial of Pfizer-BioNTech Covid-19 vaccine at a pop up vaccine clinic in the Arleta neighborhood of Los Angeles, California, August 23, 2021.
AMC CEO Adam Aron has stated that the cinema giant will look to support Dogecoin movie ticket payments by the end of 2021, and real estate tokenization platform RedSwan is accepting DOGE, too.
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