Stock Market Stalls as Fed Maintains Rates Amid Middle East Tensions

Reported about 13 hours ago

U.S. stocks showed modest gains on Wednesday as the Federal Reserve decided to keep interest rates steady, while forecasting two potential rate cuts by the end of 2025. Investors remain cautious due to increased fears of U.S. involvement in the Israel-Iran conflict, although oil prices rose slightly. The Dow Jones increased by 0.3%, and the S&P 500 followed suit amid ongoing economic uncertainty and higher jobless claims.

Source: YAHOO

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