Reported about 2 hours ago
US stocks declined on Tuesday as the Federal Reserve began its policy meeting, with the S&P 500 and Nasdaq down approximately 0.1% and 0.15%, respectively. Despite strong retail sales in August, investors await the Fed's interest rate decision on Wednesday, where analysts predict a 96% chance of a rate cut amid a slowing labor market and persistent inflation. Additionally, significant corporate movements are noted, including the confirmation of Stephen Miran as Fed governor and Tesla's share increase following CEO Elon Musk's stock purchase.
Source: YAHOO