Investors on Edge as Federal Reserve's Rate Decision Looms
As the clock ticks down to the United States Federal Reserve's pivotal announcement on monetary policy, major stock exchanges have shown a cautious start to the day. With the central bank expected to keep interest rates steady within the 4.25% to 4.5% range, the market's anticipation is palpable.
Corporate Earnings in the Spotlight
Adding to the day's financial fervor, several heavyweight corporations are poised to unveil their earnings reports post-market close. Among them, Meta Platforms Inc., Microsoft Corporation, Tesla Inc., IBM, and Levi Strauss & Co. are drawing significant attention from investors and analysts alike.
Market Movements at a Glance
The Dow Jones and Nasdaq 100 indices began the day on a flat note, while the S&P 500 experienced a slight dip of 0.13% at the open. Notably, Danaher Corporation saw a sharp decline of 5.99% shortly after trading commenced. Meanwhile, the euro edged 0.33% lower against the dollar, trading at 1.03977 at 9:29 am ET.
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