Stock market today: US stocks in holding pattern in wait for Fed decision – Yahoo Finance

From ABC News: 2024-09-18 11:45:36

U.S. stocks were mostly flat as investors awaited the Federal Reserve’s decision on interest rates. The Dow Jones Industrial Average rose 42 points, while the S&P 500 and Nasdaq Composite ticked slightly lower. The 10-year Treasury yield crept higher, approaching 1.5%. Investors are looking for clues on the central bank’s plan to combat inflation and its economic outlook. Tech stocks were in focus, with NVIDIA leading gains in the sector. Inflation concerns and rising interest rates have been weighing on market sentiment. Trading volumes were lower ahead of the Fed’s decision.



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