Wall Street Holds Breath as Fed Minutes Loom

Wall Street's main indexes opened slightly lower as investors awaited the release of Federal Reserve meeting minutes for insights on future interest-rate changes. The Dow, S&P 500, and Nasdaq all saw minimal declines at the start, reflecting cautious market sentiment amidst economic uncertainties.


Devdiscourse News Desk | Updated: 09-10-2024 19:09 IST | Created: 09-10-2024 19:09 IST
Wall Street Holds Breath as Fed Minutes Loom
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Wall Street's main indexes opened with marginal changes on Wednesday, as all eyes turned to the anticipated release of the Federal Reserve's latest meeting minutes. Investors are keen to glean insights on the potential trajectory of interest rates, which could influence market movements in the coming days.

The Dow Jones Industrial Average dipped slightly, by 10.1 points, or 0.02%, starting the session at 42,070.32. Similarly, the S&P 500 saw a minor decline of 0.7 points, or 0.01%, opening at 5,751.8.

The Nasdaq Composite followed suit with a marginal drop of 3.7 points, or 0.02%, to begin trading at 18,179.22. The cautious mood reflects the market's sensitivity to macroeconomic signals as investors seek stable ground in a volatile economic landscape.

(With inputs from agencies.)

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