Stocks Open Little Changed on Fed Day. Investors Stay Focused on Israel and Iran.
The stock market overcome some early jitters to start Wednesday’s Federal Reserve interest-rate decision day with modest gains as Wall Street remained anxious about the conflict between Israel and Iran.
The Dow Jones Industrial Average was up 100 points, or 0.2%. The S&P 500 was up 0.3%. The Nasdaq Composite was up 0.3%.
WTI crude oil prices jumped another 0.6% to $75.28 a barrel, up from around $60 at the end of May.
Latest News
- What the SEC’s Scrapping of Biden-Era Proposals Means for Advisors
- Grant Thornton UK bolsters FSRI division
- Retail Sales, Fed Rate Decision, Kroger Earnings: Still to Come This Week
- Investors Are Sure the Fed Will Hold Rates Steady as Meeting Kicks Off
- US Flexes Golden Share in Nippon Merger With US Steel
- Indian IT major TCS secures new contract from Salling Group