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HomeMarket NewsUS Stock Market LIVE Updates: US Fed leaves rates unchanged, as expected
US Stock Market LIVE Updates: US stocks are holding nearly in place on Wednesday (June 18) as Wall Street waits to hear where the Federal Reserve may be taking interest rates. The S&P 500 was edging up by 0.1% in early trading. The Dow Jones Industrial Average was up 33 points, or 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% lower.
US Stock Market LIVE Updates: US stocks are holding nearly in place on Wednesday (June 18) as Wall Street waits to hear where the Federal Reserve may be taking interest rates. The S&P 500 was edging up by 0.1% in early trading. The Dow Jones Industrial Average was up 33 points, or 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.1% lower. The quiet moves came as oil prices rose, but more modestly than the day before. They had been yo-yoing for days because of rising and ebbing fears that Israel’s fighting with Iran could disrupt the global flow of crude. A barrel of benchmark U.S. oil added 0.6% to $73.74. The headline event for the day will likely arrive at 2 p.m. Eastern, when the Federal Reserve is set to announce its latest move on interest rates. The nearly unanimous expectation is that it will hold rates steady, as it’s been doing for all of this year after cutting through the end of 2024.
Watch this space for all the live updates.
