Stock Market Holds Steady Ahead of Fed Rate Decision

Reported 4 months ago

The stock market remained mostly flat on Tuesday as investors anticipated the Federal Reserve's upcoming decision on interest rates, expected on Wednesday. The Dow Jones Industrial Average and S&P 500 showed minor fluctuations, while the Nasdaq Composite saw a slight increase. Market speculation centered around whether the Fed would opt for a substantial rate cut or a smaller adjustment, amidst mixed economic indicators, including stronger-than-expected retail sales that hinted at continued consumer spending despite a slowing job market.

Source: YAHOO

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