Stocks Meander as Wall Street Awaits Fed Decision, Powell Speech
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:US equities fluctuated Wednesday as traders brace for a widely anticipated quarter-point rate cut later in the session, along with projections from officials on the trajectory of monetary policy. The S&P 500 Index rose 0.1% in New York as of 1:06 p.m., while the technology-heavy Nasdaq 100 Index was down 0.2%. All eyes will also be on artificial intelligence bellwether Oracle Corp.’s earnings after markets close.