Global Stocks Rise Ahead of Fed Rate Decision; S&P 500 Gains 0.26%, Nasdaq 0.60%, 10-Year Treasury Yield Retreats to 4.963%, Brent Oil Falls 2.4%
Global stocks moved higher ahead of the Fed's rate decision, with markets pricing more than a 90% chance of a 25 basis point hike. The S&P 500 gained 0.26% and Nasdaq 0.60%, while the 10-year Treasury yield retreated to 4.963%. Brent crude oil also cooled, falling 2.4% to $106. Market attention now shifts entirely to Fed Chair Kevin Warsh’s guidance on future hikes.
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Source:X@DeItaone · Source Link
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