U.S. stocks saw a slightly higher start Wednesday ahead of the conclusion of a Federal Reserve meeting that's expected to leave interest rates unchanged but potentially signal that policy makers are moving toward an eventual rate cut.
The S&P 500 rose 0.1% to 2,921.55, while the Dow Jones Industrial Average gained 45.98 points or 0.2%, to 26,511.52. The Nasdaq Composite was up 0.2% at 7,966.58.
The Fed decision is due at 2 p.m. Eastern, followed by Chairman Jerome Powell's news conference at 2:30 p.m.
Source : Market Watch
RELATED NEWS
Asia Pacific stocks little changed ahead of China's GDP release; SMIC set to make Shanghai debut
Thursday, 16 July 2020 07:57 WIBStocks in Asia Pacific were little changed in Thursday morning trade as investors await the release of a slew of Chinese economic data expected later in the day. In Japan, the Nikkei 225 dipped 0.32% in early trade while the Topix index was fractionally lower. South Korea™s Kospi shed 0.17%. Ove...
Tokyo stocks open lower with eyes on China GDP
Thursday, 16 July 2020 07:32 WIBTokyo stocks opened lower on Thursday in cautious trade as investors awaited China's GDP data, due later in the day, for clues on the economic impact from the coronavirus pandemic. The benchmark Nikkei 225 index was down 0.25 percent or 57.04 points at 22,888.46 in early trade, while the broader To...
Hong Kong Stocks Finish Barely Moved (Review)
Thursday, 16 July 2020 03:19 WIBHong Kong stocks were flat Wednesday, having swung through the day, with hopes for a vaccine playing against a spike in infections in the city and Donald Trump's decision to remove its special trading status. The Hang Seng Index inched up 3.69 points to 24,481.58. The benchmark Shanghai Composite ...
Wall Street Ends Higher on Vaccine Bets, Goldman Results
Thursday, 16 July 2020 03:18 WIBU.S. stocks ended higher on Wednesday, following promising early data for a potential COVID-19 vaccine and a strong quarterly report from Goldman Sachs. Unofficially, the Dow Jones Industrial Average rose 228.47 points, or 0.86%, to 26,871.06, the S&P 500 gained 29.1 points, or 0.91%, to 3,226....
Stocks Cut Gains, Nasdaq Turns Negative as Tech Shares Slump Again
Wednesday, 15 July 2020 23:21 WIBStocks rose Wednesday on the back of positive vaccine news from Moderna and a blowout quarter from Goldman Sachs. The Dow Jones Industrial Average traded 131 points higher, or 0.5%. The S&P 500 gained 0.4%. The Nasdaq Composite lagged, however, falling, 0.2% as Amazon, Netflix and Alphabet all ...
Gold Futures Post Their First Gain in 3 Sessions
Gold Futures Settle with a Modest Gain, Buoyed by a Retreat in The U.S. Dollar
Gold Trades Steady as Virus, Equities’ Advance Weighed
Gold Futures Settle with a Modest Loss
'Record-Highs in Sight': Gold on Path North of $1,800 This Week - Analysts
Asia Pacific stocks little changed ahead of China's GDP release; SMIC set to make Shanghai debut
Thursday, 16 July 2020 07:57 WIB
Stocks in Asia Pacific were little changed in Thursday morning trade as investors await the release of a slew of Chinese economic data expected later in the day.
In Japan, the Nikkei 225 dipped 0.32% in early trade while the Topix index was...