U.S. stocks rose at the start of trade Wednesday as investors focused on signs of a rebounding global economy and a report from payroll firm ADP, which showed far fewer private-sector job losses in May than economists were expecting. The Dow Jones Industrial Average rose 222 points, or 0.9%, to 25,965, the S&P 500 index gained 21 points, or 0.7% to about 3,102 and the Nasdaq Composite index advanced 26 points, or 0.3% to trade at 9,640. ADP said the private sector shed 2.76 million jobs in May, below economists expectations of 8.66 million losses, according to Econoday, compared to...

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U.S. stocks struggled for direction Wednesday as investors awaited a key decision by the Federal Reserve that could determine whether Wall Street is likely to get a highly anticipated interest rate cut this year. The Dow Jones Industrial Average rose 22 points to 26,487 while the S&P 500 index slid less than a point to 2,917 and the Nasdaq Composite Index fell 2 points to 7,951. The Dow...

European stocks ended the session little changed on Wednesday ahead of a much-anticipated U.S. Federal Reserve decision on interest rates. The pan-European Stoxx 600 hovered around the flatline at 384.77 in the end of the session , with sectors and major bourses mixed. Basic resources led the losses with a 1.5% decline while autos and bank stocks both rose around 1%. In terms of individual...

The U.S. dollar was lower on Wednesday as traders waited for clues on whether or not the Federal Reserve is turning more dovish. The U.S. dollar index, which measures the greenbacks strength against a basket of six major currencies, was down 0.2% to 96.968 by 10:49 AM ET (14:49 GMT). Ongoing trade tensions between the U.S. and China, which have slowed global growth and put downward pressure...

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...

U.S. futures were flat on Wednesday ahead of the Federal Reserve's policy decision and economic projections later in the day. While no rate cut is expected, investors will be focusing on changes to the language in the Fed's statement and in Chairman Jerome Powell's subsequent comments as to the the triggers for and timing of an eventual move. Powell's press conference begins at 2:30 PM ET...

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