Previous close | 15,657.82 |
Open | 16,007.00 |
Volume |
Day's range | 15,557.64 - 15,926.22 |
52-week range | 11,925.37 - 16,538.86 |
Avg. volume | 5,182,241,311 |
Investors are accentuating the positive in Jerome Powell's policy comments and looking ahead to Apple earnings.
Federal Reserve Chair Jerome Powell spoke during a press conference on Wednesday following the Fed's two-day policy meeting. The chairman explained that the Fed was not considering rate hikes and that the presidential election was not part of its thinking. But investors are preoccupied with earnings and future directions for AI, Yahoo Finance Head of News Myles Udland says. Udland joins Market Domination Overtime to give insight into Powell's comments and the market's reaction. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
The Fed is expected to keep interest rates at a 23-year high Wednesday, but investors will be listening for any signs of how long they will have to wait before cuts can begin.