DJIA29398.08
LIVE0(0.00%)
NDX9623.58
LIVE0(0.00%)

Stocks open higher ahead of Fed decision


Wednesday, 30 October 2019 21:03 WIB

Indeks NasdaqIndeks S&P 500Indeks Dow JonesSahamAS


c_740_198_16777215_00_images_assets_USMARKET_904091608-information-board-new-york-stock-exchange-trading-floor-wall-street-street.jpg

Stocks opened higher on Wednesday, buoyed by expectations of another Federal Reserve interest-rate cut, while a flood of quarterly corporate results continued to come in mixed, but better than some analysts had feared.

The Dow Jones Industrial Average opened 1 point higher, at 27,072, but immediately began flickering between gains and losses, while the S&P 500 opened half a point higher, less than 0.1%, at 3,037.39 . The Nasdaq started trading nearly 6 points higher, at 8,282.67, a 0.1% gain.

The Federal Reserve will be in the spotlight Wednesday. Policy makers are widely, but not universally, expected to lower the fed-funds rate by a quarter percentage point, the third cut this year. The key question is the signals the central bank and Chairman Jerome Powell will send regarding prospects for additional cuts. Traders have scaled back bets for further reductions later this year and in 2020.

Source : MarketWatch


RELATED NEWS

  • Tokyo stocks opened lower Tuesday as investors assessed the economic impact of the new virus outbreak from China. The benchmark Nikkei 225 index fell 0.55 percent or 128.66 points to 23,394.58 in ear...
  • Hong Kong stocks opened lower on Monday as the death toll from China's new coronavirus jumped and concerns deepened over the potential economic fallout from the epidemic. The Hang Seng Index fell 0.1...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.