Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks rise ahead of Fed's decision

Economies.com
2021-09-22 14:21PM UTC

US stock indices rose in early trading on Wednesday, ahead of the Federal Reserve's decision.

 

The US Federal Reserve's decision will be later today and will be followed by a press conference from the Fed Chief Jerome Powell to comment on monetary policy.

 

Powell has hinted at reducing the size of the Fed's asset purchases before the end of the year.

 

Evergrande's real estate crisis continues to grow, which faces a disastrous debt default scenario, which could destabilize many economic sectors in China.

 

Otherwise, the US House of Representatives passed a bill to avoid government shutdown and suspended the debt limit.

 

As for stocks, Dow Jones rose 1% or 346 points to 34,266 as of 14:19 GMT, and S&P 500 rose 0.8% or 35 points to 4,390, while Nasdaq rose 0.7% or 97 point to 14,834.

American Markets News

Americas News

Markets

Wall Street dips and marks weekly losses amid Middle East disruption
2026-03-20 20:37PM UTC
Wall Street ended Friday’s session with sharp losses, as the S&P 500 closed at its lowest ...
Americas News

Markets

Wall Street ends lower on expectations of no Fed rate cut before 2027
2026-03-19 20:41PM UTC
US stocks closed lower on Thursday, weighed down by declines in shares of companies such as Micron ...
Americas News

Markets

Wall Street ends sharply lower as the Fed holds rates amid war, inflation concerns
2026-03-18 21:25PM UTC
Wall Street closed sharply lower on Wednesday after the US Federal Reserve kept interest rates ...