Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting

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Asian shares are mostly higher as investors focus on prospects for the U.S. Federal Reserve’s first cut to interest rates in more than four years.

‘Makes my blood boil’: Thousands of dollars in tools stolen in broad daylightGet ready to travel this fall with these Insider DealsA person rides a bicycle in front of an electronic stock board showing Japan's Nikkei index at a securities firm Wednesday, Sept. 18, 2024, in Tokyo. and the Bank of England are also holding monetary policy meetings later this week.

Lower rates would help boost the slowing economy, as it has become increasingly more expensive to borrow money for everything from houses to cars to corporate debt. The Dow Jones Industrial Average slipped less than 0.1% to 41,606.18 from its own record set the day before, while the Nasdaq composite edged up by 35.93, or 0.2%, to 17,628.06.with a gain of 2.7% following a series of announcements, including an expansion of its partnership with Amazon Web Services to produce custom chips. Intel also detailed plans to build its foundry business.A separate report said U.S.

 

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