S&P 500 Sets New Record as Market Awaits Fed Decision
Investors eye Federal Reserve's policy meeting with speculation on interest rate cuts and market impact.
- Dow Jones futures remained steady as the S&P 500 hits a new record, with anticipation building for the Federal Reserve's policy decision on interest rates.
- Nvidia leads a modest stock market rally, reversing earlier losses, as investors look ahead to several AI-related events and earnings reports.
- Investors are advised to exercise caution ahead of the Fed meeting, with the central bank's rate-cut outlook and Chairman Jerome Powell's commentary expected to significantly impact markets.
- The Federal Reserve is expected to release its latest rate projections, with speculation around the possibility of fewer rate cuts this year.
- Wall Street shows resilience as major indices close higher, with all eyes on the Federal Reserve's upcoming policy decision.
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