Major Indices on Pace for Record Closes: Fed Dot Plot Indicates Optimism
Wednesday, 20 March 2024, 19:31
Fed Dot Plot Affirms Optimistic Outlook
The three major indices are on pace for record closes after the Fed dot plot remains at three cuts for 2024.
Concerns Over Future Inflation
Caveat... the Fed is still subject to future inflation.
- Dow Industrial Average is currently trading up 414 points or 1.06% at 39522.
- S&P is up 46 points or 0.88% at 5224.22.
- NASDAQ index is up 196 points or 1.22% at 16362.
The record closing levels for each are at 'Dow: 39131.54', 'S&P index: 5178.52', and 'NASDAQ index: 16274.94'.
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.