Markets Reach New Highs
The S&P 500 and Nasdaq opened at fresh record highs as investors analyzed earnings reports from major U.S. companies. The Dow Jones Industrial Average dropped slightly at the open to 44833.74. However, the S&P 500 surged to 6405.62, while the Nasdaq Composite…
Federal Reserve Meeting Impact
The U.S. central bank will kick off its two-day policy meeting later today. While no rate changes are anticipated on Wednesday, traders will closely scrutinize policymakers’ statements to anticipate future actions. The CME FedWatch tool suggests a 63% chance of a rate cut in September…
White House Influence
The meeting occurs amidst the White House’s push for lower borrowing costs. President Trump has criticized Fed Chair Jerome Powell and has hinted at the removal of his position…
