Markets paused Tuesday after a strong multi-week rally, with investors largely on hold ahead of Wednesday’s Fed rate decision
This week, everyone is watching Washington as the central bank’s policy committee meets on Tuesday and Wednesday to decide what happens next with interest rates
Stocks climbed to fresh record highs Monday, led by tech, as investors braced for a widely expected Fed rate cut on Wednesday.
Stocks ended the week on a muted note after a strong rally, with the S&P 500 and Nasdaq hovering near record highs.
Wall Street closed at new all-time highs Thursday, driven by growing confidence that the Federal Reserve will deliver its first rate cut of the year next week.
Stocks pushed to new all-time highs Wednesday as a surprise drop in producer prices boosted expectations for a September Fed rate cut, with tech leading gains thanks to Oracle’s blowout earnings.
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