US Stocks Brief: S&P Futures Down Less Than 0.1% After Hitting All Time Highs on Tuesday; Fed Rates and Monetary Policy Update Awaited Later Today -March 20, 2024 at 06:27 am EDT

From MarketScreener:

US retail sales are projected to increase at a slower pace in 2024, according to the NRF. German equities rise in anticipation of the US Fed rate decision. Exchange-traded funds and US equities also see gains ahead of the Fed’s monetary policy decision. Interest rates remain stagnant, with no new statistics to boost market activity.

Swiss equities advance as investors await the US Fed rate move. The FTSE 100 closes flat with focus on the Fed’s comments. The Mib sees a slight increase, reaching an annual high for Prysmian. Despite Kering’s fall, the CAC40 shows limited damage. Wall Street is at a standstill awaiting the Fed announcement.

Bitcoin prices dip as key drivers and trends are analyzed. The US dollar strengthens as traders prepare for a hawkish Fed bias. Mortgage applications decrease as interest rates rise following hot inflation readings. Gold prices drop as the dollar climbs before the Fed’s policy committee meeting. The TSX fluctuates between modest losses and gains amid lower commodity prices and the upcoming Fed rate decision.



Read more at MarketScreener: US Stocks Brief: S&P Futures Down Less Than 0.1% After Hitting All Time Highs on Tuesday; Fed Rates and Monetary Policy Update Awaited Later Today -March 20, 2024 at 06:27 am EDT