Stock Market Steady as Rate Cut by Fed Expected

Reported about 11 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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