Investors on Edge Ahead of Federal Reserve Announcement
As the United States Federal Reserve prepares to announce its latest monetary policy decision, major stock exchanges opened with little change on Wednesday. The anticipation is palpable, with the central bank expected to keep interest rates steady within the 4.25% to 4.5% range.
Corporate Earnings in the Spotlight
Attention is also turning to a slew of earnings reports from leading companies. Meta Platforms Inc., Microsoft Corporation, Tesla Inc., IBM, and Levi Strauss & Co. are among those set to reveal their financial performance after the market closes, offering clues on the health of various sectors.
Market Movements
The Dow Jones and Nasdaq 100 indices started the day flat, while the S&P 500 saw a slight dip. Notably, Danaher Corporation experienced a significant drop shortly after the opening bell. Meanwhile, the euro weakened against the dollar, reflecting the cautious mood among investors.
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