Stock Market Today: Nasdaq Rises Ahead of Fed Decision
Stocks, led by the Nasdaq and Nvidia, climb as investors await the Federal Reserve's interest rate decision and comments from Chair Jerome Powell on future poli
- ▸NEW YORK – U.S. stocks pushed higher Wednesday, with the tech-heavy Nasdaq Composite leading the gains, as investors adopted a cautiously optimistic stance just hours before the Federal Reserve's pivotal interest rate decision and subsequent commentary from Chair Jerome Powell. The market's advance reflects a delicate balance between enthusiasm for high-growth technology stocks, exemplified by another surge in Nvidia, and the overarching uncertainty surrounding the central bank's future monetary policy path.
- ▸Nasdaq Composite: The tech-centric index was the standout performer, rising approximately 1.1% as investors favored growth stocks. The prospect of an extended Fed pause, or an eventual pivot, is particularly beneficial for tech valuations.
















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