U.S. stocks posted modest losses at the start of trade Wednesday, as investors prepared for the conclusion of a two-day Federal Reserve meeting later in the afternoon.
Economic forecasts, as reflected by the so-called dot plot, are expected to show policy makers scaling back rate-hike expectations. Powell, however, is expected to stop short of signaling a potential rate cut. The central bank is also expected to outline Wednesday plans to halt the shrinking of its balance sheet.Stocks gave up early gains to end mostly lower Tuesday after mixed headlines surrounding U.S.-China trade talks. A Bloomberg News report said China was pushing back against U.S.
General Mills Inc. GIS, +4.11% shares rose 3.4%, after the branded consumer foods maker reported fiscal third-quarter profits above expectations, while raising its outlook for the full year.
Tradpaus index, measures the percentage of stocks above their 200 day average, has been 'fading' lately .
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Dow climbs more than 100 points at the open as Fed meeting kicks offStocks rose on Tuesday broadly supported on expectations the Federal Reserve could strike a dovish tone at its latest monetary-policy meeting. On the other face... you were right Stock rose.. 27k soon.
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US futures slightly higher as markets await Fed meetingU.S. stock index futures traded higher on Tuesday, broadly supported on expectations the Federal Reserve could strike a dovish tone later in the session.
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US futures mixed as markets await Fed rate decisionU.S. stock index futures traded mixed on Wednesday as investors await a policy decision by the U.S. Federal Reserve. Fed Trading - what the Street thinks jimcramer jonnajarian 247WallSt TheEconomist FiveThirtyEight FT thedailybeast WSJ GoldmanSachs business CNNBusiness US Inflation Rate by Year from 1929 to 2020 How Bad Is Inflation? Past, Present, Future
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