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US stocks are trading little changed ahead of the FOMC rate decision

The US stock market is now open. The Dow industrial average is trading to the downside while the S&P and NASDAQ index are trading near unchanged. Most of the pre-marketing trading was in positive territory for the S&P and NASDAQ index.US PPI data was lower than expectations, but the focus now is on the FOMC rate decision which will take place at 2 PM ET. At the time the central tendencies for GDP, employment, and inflation will also be released along with the dot plot of where Fed officials expe... Read More

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Stocks

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Little

Changed

Ahead

Fomc

Rate

Decision

Forex

Posted: Jun 14 2023, 13:34

Author Name: forexlive

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