Stock Markets
U.S. stock indexes rise before Fed meeting minutes are released
![U.S. stock indexes](https://letizo.com/wp-content/uploads/2023/01/U.S.-stock-indexes-rise-before-Fed-meeting-minutes-are-released.jpeg)
U.S. stock indexes are rising Wednesday as markets await the Federal Reserve’s (Fed) December policy meeting minutes, trading data showed.
The U.S. stock indices list looks as follows:
The Dow Jones Industrial Average is up 0.53 percent to 33,312.67 points;
The Nasdaq index of high-tech companies is up 0.52 percent, to 10,440.06 points;
S&P 500 broad market index, up 0.46%, to 3,841.4 points.
U.S. stock indexes expect to release the minutes of the U.S. Federal Reserve’s (Fed) December meeting later Wednesday. The document may contain signals on the regulator’s further monetary policy. According to the CMEGroup, 70.3% of experts expect the U.S. discount rate to rise another 0.25 percentage points in February, to 4.5-4.75% per year.
“There’s still a lot of developments ahead of us today that could potentially dampen the mood, most notably the minutes of the Fed’s December meeting,” Oanda Europe Ltd. Senior Market Analyst Craig Erlam told Bloomberg News Agency. Craig Erlam.
Also, investors are waiting for the publication of U.S. labor market data, scheduled for Friday. Analysts believe that the unemployment rate in December remained at the November level of 3.7%, while the number of the employed in the non-farm economy grew by 200K after an increase by 263K a month earlier.
Earlier, we reported that US stock indices were declining.
Stock Markets
Mexico’s central bank will likely bring interest rate down to 9.5%: Reuters poll
Stock Markets
Robinhood suspends trading in Super Bowl betting contracts after CFTC directive
Stock Markets
Fed can be patient on rates while assessing impact of tariffs, Collins says
- Forex3 years ago
Forex Today: the dollar is gaining strength amid gloomy sentiment at the start of the Fed’s week
- Forex2 years ago
Unbiased review of Pocket Option broker
- Forex3 years ago
How is the Australian dollar doing today?
- Forex2 years ago
Dollar to pound sterling exchange rate today: Pound plummeted to its lowest since 1985
- Cryptocurrency3 years ago
What happened in the crypto market – current events today
- World2 years ago
Why are modern video games an art form?
- Commodities3 years ago
Copper continues to fall in price on expectations of lower demand in China
- Forex2 years ago
The dollar is down again against major world currencies