US stocks extend gains ahead of Fed meeting

2020-09-15 15:05:10 GMT (Economies.com)
US stocks extend gains ahead of Fed meeting

US stock indices rose on Tuesday, to extend gains amid anticipation for the Federal Reserve meeting, in addition to Apple's annual media event.

 

The Federal Reserve Open Market Committee will hold their meeting today and will continue until tomorrow, and will reveal the interest rate decision tomorrow, which is widely expected to be kept unchanged.

 

Apple will also launch its annual media event today, during which the company unveils new products such as new versions of the iPhone, iPad and Apple smartwatch.

 

It is noteworthy that US President Donald Trump expressed that Democratic rival Joe Biden will raise taxes by $4 trillion if he wins the presidential election.

 

As for stocks, Dow Jones rose 0.5% or 155 points to 28,147 as of 15:32 GMT, Nasdaq rose 1.2% or 133 points to 11,189 , and S&P 500 rose 0.9% or 30 points to 3,413.

 
 
 
  Symbol Last Change Chg.%
1.1853
-0.0025
0.2142%
1.2935
0.0036
0.2786%
Tadawul
8364.61
6.65
0.08%
26.764
-0.247
0.916%
40.896
3.836
10.351%
43.15
-0.26
0.60%
1950.000
-4.225
0.216%
 
 
US
 
Europe
 
Asia