Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Most regional markets fell more than 1%. U.S. futures and oil prices also declined. U.S. stocks slumped...

Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought. Most regional markets fell more than 1%. U.S. futures and oil prices also declined. U.S. stocks slumped...

Fed keeps rates unchanged and signals optimism about a potential 'soft landing'

WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. The Fed's policymakers also signaled that they expect...

How major US stock indexes fared Wednesday, 9/20/2023

U.S. stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. While leaving the Fed’s main interest rate steady Wednesday, officials at the central bank also suggested they...

Text of the policy statement the Federal Reserve released Wednesday

WASHINGTON (AP) — Below is the statement the Fed released Wednesday after its policy meeting ended: Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, and the unemployment rate has remained...

Federal Reserve keeps rates unchanged but signals likelihood of another hike this year to fight inflation

Stock market today: Asian shares decline ahead of Fed decision on rates

TOKYO (AP) — Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve. Japan's Nikkei 225 fell 0.1% in morning trading to 33,200.34. Australia's S&P/ASX 200 slipped 0.6% to 7,152.70. South Korea's Kospi edged down 0.1% to 2,556.20....

How major US stock indexes fared Tuesday, 9/19/2023

Stocks slipped as Wall Street waits for the Federal Reserve’s latest decision on interest rates. The S&P 500 fell 0.2% Tuesday. The Dow fell 106 points, and the Nasdaq composite was down 0.2%. Stocks have been see-sawing for weeks on uncertainty about whether the Fed is done...

Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision

TOKYO (AP) — Asian shares mostly declined in cautious trading Tuesday ahead of the Federal Reserve’s looming decision on interest rates. Japan's benchmark Nikkei 225 dropped 1.1% in morning trading to 33,177.75. Australia's S&P/ASX 200 lost 0.5% to 7,192.40. South Korea's...

How major US stock indexes fared Monday, 9/18/2023

U.S. stocks edged higher as Wall Street makes few big moves in advance of the Federal Reserve’s next meeting on interest rates. The S&P 500 closed virtually unchanged Monday. The Dow inched up 6 points, and the Nasdaq composite was also little changed. Stocks have been...