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How to place an order on my trading acco
2024-08-01

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US Equities Markets End Higher Wednesday After Fed Holds Rates Steady

US benchmark equity indexes ended higher Wednesday after the Federal Reserve held interest rates steady.* The Federal Open Market Committee left its target range for the federal funds rate unchanged a

US Equities Markets End Higher Wednesday After Fed Holds Rates Steady

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Fed Chairman Jerome Powell did not rule out the possibility that a rate cut could come in September, but said that would depend on the incoming data.* Employment growth in the US private sector decelerated in July, while annual pay gains for job stayers recorded the slowest pace in three years, Automatic Data Processing (ADP) reported.* The Bureau of Labor Statistics is expected to report Friday that the US economy added 175,000 nonfarm jobs this month, which would mark a decrease from the 206,000 gain posted for June.* September West Texas Intermediate crude oil rose $3.68 at $78.37 per barrel, while September Brent crude, the global benchmark, was last seen up $2.09 at $80.72 following data that US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 2.8 million barrels in the week ended July 26 after a 3.1 million barrels decrease in the previous week.*  Nvidia (NVDA) shares were up 13% as Microsoft (MSFT) indicated it would continue spending on the company's chips to build artificial intelligence infrastructure, easing fears there would be a slowdown in the build out of AI servers.* Marriott International (MAR) shares fell 4.7% after the hotel giant's Q2 sales fell short of market expectations, prompting a guidance cut for full-year earnings and global revenue per available room.","news_type":1,"symbols_score_info":{"US12M.BOND":1,"US3Y.BOND":1,"US10Y.BOND":1,".DJI":0.9,"US2Y.BOND":1,"US30Y.BOND":1,"US7Y.BOND":1,"MAR":0.9,".IXIC":0.9,"NVDA":0.9,"US6M.BOND":1,"US5Y.BOND":1,"ADP":0.9,".SPX":0.9,"MSFT":0.8}},"isVote":1,"tweetType":1,"viewCount":1000,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}