U.S. Stocks Trade Lower Ahead of Fed Decision as Market Eyes Rate Update
Wednesday, 18 September 2024, 09:08
U.S. Stocks Trade Lower Amid Fed Decision Anxiety
U.S. stocks trade lower as uncertainty looms ahead of the Federal Reserve's latest decision. All three major stock indexes have lost momentum, moving away from a slightly higher open.
- Dow Jones Industrial Average: Down 62 points, or almost 0.2%, at roughly 41,544.
- S&P 500: Fell 11 points, or 0.2%, to around 5,623.
- Nasdaq Composite: Off 55 points, or 0.3%, at around 17,573.
Market Reaction to Fed Impending Decision
Investors remain cautious as the Federal Reserve prepares to release its policy update. This decision is highly anticipated and could significantly influence market trends.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.