Reported about 6 hours ago
US stock markets showed mixed results on Friday as traders prepared for the Federal Reserve's upcoming interest rate decision. The Dow Jones fell 0.4%, while the S&P 500 rose by 0.2% and the tech-heavy Nasdaq gained 0.6%, with Tesla stocks nearing a seven-month high. Economic indicators suggested a weakening labor market, but investors expect the Fed to implement a rate cut next week, with forecasts indicating multiple cuts by year-end, leading to an overall positive weekly outcome for major indexes.
Source: YAHOO