Stock Market Today: Dow hits a fresh record high ahead of the key Fed meeting

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stock Market Today: Dow hits a fresh record high ahead of the key Fed meeting

Investing.com-- U.S. stocks traded in mixed fashion on Monday as investors hunkered down before a Federal Reserve meeting this week where the central bank is likely to start a rate-cutting cycle.

Markets were also somewhat nervous following reports of a second attempted assassination attempt on Republican presidential candidate Donald Trump, although the former president was unharmed.and is widely expected to begin trimming interest rates, although traders are largely split over the scale of the potential cut.Wednesday’s move is likely to set the tone for the Fed’s plans to begin easing monetary policy, as it grapples with some concerns over a cooling economy and labor market.

The Brent contract gained 1.9% to $72.94 per barrel, while U.S. crude futures traded 2.3% higher at $69.29 a barrel. That said, Chinese economic data released over the weekend pointed to more economic weakness in the world’s biggest oil importer, while Gulf of Mexico crude production resumed following Hurricane Francine, even if nearly a fifth ofScan QR code to install app

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 450. in ZA

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.

Stock Market Today: Dow clinches record close as focus shifts to Nvidia earningsStock Market Today: Dow clinches record close as focus shifts to Nvidia earnings
Source: Investingcom - 🏆 450. / 53 Read more »

Stock Market Today:Dow in record close as cyclical stocks shine amid tech rotationStock Market Today:Dow in record close as cyclical stocks shine amid tech rotation
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 slides on fresh economic worries ahead of jobs reportStock market today: S&P 500 slides on fresh economic worries ahead of jobs report
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: S&P 500 closes lower as yields rise ahead of PowellStock market today: S&P 500 closes lower as yields rise ahead of Powell
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market today: Asian shares rally, encouraged by Wall Street storming back from an early slideAsian shares are mostly higher, encouraged by gains on Wall Street led by a handful of influential Big Tech companies.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Wall Street drifts as Oracle soars and banks and oil slumpU.S. stocks drifted to a mixed close following several weeks of sharp swings
Source: latimes - 🏆 11. / 82 Read more »