Stock Market Steady as Rate Cut by Fed Expected

Reported about 8 hours ago

US stock futures remained stable as Wall Street anticipated the Federal Reserve's decision on interest rates, with a quarter-point cut considered highly likely. The Dow Jones Industrial Average hit a record high, closing above 46,000. Despite recent job market weakness and persistent inflation, investors are optimistic that the Fed will act, with a high probability of multiple rate cuts by the end of the year.

Source: YAHOO

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