-- Oil’s breakneck rally is taking a breather as a smaller-than-expected drop in US crude stockpiles bolstered technical resistance to further gains.Most Read from BloombergVegas’ Newest Resort Is a $3.
NEW YORK — U.S. stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 0.9% Wednesday. The Dow lost 76 points, and the Nasdaq composite pulled back 1.5%. While leaving the Fed’s main interest rate steady, officials at the central bank also suggested they may cut rates next year by only half a percentage point.
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks slide ahead of Fed meeting, Instacart IPO: Stock market news todayStocks fell on Tuesday as the Federal Reserve was set to begin its latest policy meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks slide as Fed meeting begins, Instacart IPO: Stock market news todayStocks fell on Tuesday as the Federal Reserve was set to begin its latest policy meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks end lower amid Fed meeting, Instacart IPO: Stock market news todayStocks fell on Tuesday as the Federal Reserve began its latest policy meeting.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks step higher as markets wait for Fed: Stock market news todayWall Street stocks set up for a higher open as investors focus on what the Fed plans for the future.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock futures step higher as markets wait for Fed: Stock market news todayWall Street stocks set up for a higher open as investors focus on what the Fed plans for the future.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street drifts ahead of Fed's next meeting on interest ratesNEW YORK (AP) — U.S. stocks edged higher as Wall Street makes few big moves in advance of the Federal Reserve’s next meeting on interest rates. The S&P 500 closed virtually unchanged Monday.
Source: SooToday - 🏆 8. / 85 Read more »