3 sources·Business

Wall Street Anticipates Fed's Interest Rate Decision as Nasdaq Hits Record High

U.S. stock markets show mixed results as Nasdaq achieves a record high ahead of anticipated Federal Reserve interest rate cuts.

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Updated: Dec 16th, 2024, 7:09 PM ET

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U.S. stock indexes experienced mixed trading, with the Nasdaq Composite reaching a record high. Anticipation builds ahead of the Federal Reserve's policy meeting focusing on potential interest rate cuts. The S&P 500 and Dow Jones showed varied performance, influenced by tech stocks like Broadcom and overall market sentiment regarding economic indicators and future rate cuts. Bitcoin also sets a new record amid rising investor interest in cryptocurrencies, further impacting market dynamics as investors await key data from the Fed's meeting.

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Wall Street Anticipates Fed's Interest Rate Decision as Nasdaq Hits Record High - Pano News