Stock Market Flattens Ahead of Federal Reserve Rate Decision

Reported 22 days ago

On September 17, 2024, stock prices held steady as investors awaited the Federal Reserve's decision on a potential interest rate cut. While the Dow Jones and S&P 500 experienced slight declines of about 0.2%, the Nasdaq ended just above flat. Anticipation surrounding whether the Fed would implement a 0.5% or a smaller 0.25% rate cut fluctuated as recent retail sales data showed stronger-than-expected consumer spending.

Source: YAHOO

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