Stock Market Today: Dow ends higher as Treasury yields dive after Fed pauses again

Investing.com -- The Dow ended higher Wednesday following a slump in Treasury yields after the Federal Reserve kept rates steady for second-straight meeting."Recent indicators suggest that economic activity expanded at a strong pace in the third quarter," the Fed said in a statement., which is more sensitive to Fed policy, fell 12.5 basis points to 4.93%, which is the lowest level since September.

The company said it expects to sell $2 billion of graphics processing units used in the development of AI programs that some on Wall Street say should boost its data center business, removing the drag from other businesses including gaming. "his should once and for all remove the overhangs from these businesses and shift the focus to AI where it has a unique, rapidly growing, and large AI opportunity that should start to really hit in 2024/2025," UBS said in a note, though cut its price target on the stock to $135 from $145.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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Stock Market Today: Dow ends higher, but can't escape 3rd monthly loss; Fed eyedStock Market Today: Dow ends higher, but can't escape 3rd monthly loss; Fed eyed
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Stock Market Today: Dow holds gains, Treasury yields drop as Fed leaves rates unchangedLive coverage of a major day for the U.S. stock market with Treasury refunding and a Fed decision.
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Stock market today: Asian shares track Wall Street gains ahead of Fed decision on interest ratesAsian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month. Tokyo's benchmark jumped 2.4%. Investors are awaiting a decision by the Federal Reserve Wednesday on interest rates. On Tuesday, the S&P 500 rose 0.6%, though it fell 2.2% in the month of October.
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Stock Market Today: Treasury refunding, Fed decision to shape pivotal sessionLive coverage of a major day for the U.S. stock market with Treasury refunding and a Fed decision.
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Stock Market Today: Stocks slide, Treasury yields steady as Fed decision loomsInvestors are bracing for a key Fed rate decision, as well as the Treasury's quarterly refunding statement, with stocks moving lower heading into the start of Wednesday trading.
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Stock market today: World shares mostly higher ahead of Fed decision on interest ratesWorld shares have made meager gains as investors remain cautious ahead of a decision on interest rates Wednesday by the U.S. Federal Reserve.
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