DJIA26281.82
LIVE11.93(0.05%)
NDX9629.66
LIVE-75.03(-0.77%)

Wall Street flat ahead of Fed rate decision


Wednesday, 31 July 2019 23:12 WIB

DOW JONESS & P 500Indeks NasdaqSahamASWallstreet


c_740_198_16777215_00_images_assets_USMARKET_g130504b.jpg

U.S. stocks were little changed on Wednesday as investors awaited a widely anticipated interest rate cut by the Federal Reserve and clues on whether it would inaugurate further monetary easing.

With a quarter-percentage-point cut in borrowing costs almost certain, focus will now fall on Fed Chairman Jerome Powell to explain why the move was necessary and what comes next.

The Fed is set to release its policy statement at 2 p.m. EDT (18:00 GMT).

At 11:35 a.m. ET the Dow Jones Industrial Average was up 1.80 points, or 0.01%, at 27,199.82, the S&P 500 was up 1.23 points, or 0.04%, at 3,014.41 and the Nasdaq Composite was up 22.77 points, or 0.28%, at 8,296.38.

Source : Reuters


RELATED NEWS

  • Hong Kong shares inched up at the start of trade Friday, though gains were capped by profit-taking after a four-day rally that has seen the index pile on more than six percent. The Hang Seng Index ad...

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.