From Nasdaq:

The S&P 500, Dow Jones, and Nasdaq are up today ahead of the 2-day FOMC meeting. US housing starts and building permits for Feb beat expectations. Bitcoin is down over -6% amid outflows from Grayscale Bitcoin Trust. The Bank of Japan shifted policy rates despite maintaining an accommodative stance. Overseas markets are mixed.

Interest Rates: 10-year T-notes are up on weaker-than-expected reports. European bond yields are lower. Eurozone labor costs eased. German ZEW survey rose to a 2-year high. ECB Vice President Guindos hints at possible rate moves in June.

US Stock Movers: Super Micro Computer leads losers in the S&P 500. Semiconductor stocks Nvidia, AMD, Marvell, and Intel are down. StoneCo falls after chairman departure. Bitcoin price decline impacts Coinbase, MicroStrategy, and more. Dlocal, Caleres issue disappointing forecasts. International Paper gains on CEO announcement. AstraZeneca to acquire Fusion Pharmaceuticals. Etsy and Inspire Medical Systems rise on positive outlook. Crinetics Pharmaceuticals shows positive trial results. Ansys, Cadence, Synopsys advance after Nvidia news. Home Depot and Truist Financial also rise. Market unaffected by earnings reports.

Overall, the market is reacting to various domestic and international factors, including central bank policy changes, economic data releases, corporate news, and cryptocurrency movements. Investors are closely monitoring the FOMC meeting and upcoming policy decisions. Keep an eye on key sectors like technology, semiconductors, and housing for potential opportunities and risks.



Read more at Nasdaq: Stocks Rise in Afternoon Trade