Fed Meeting: Wall Street Awaits Rate Cut

Wall Street gears up for a pivotal week as the Federal Reserves final meeting of the year approaches. Stock futures see modest gains, with the S&P five hundred and Nasdaq one hundred up by two-tenths of a percent. Investors anticipate a potential interest rate cut, with CME FedWatch indicating an eighty-eight percent chance of an easing move. The labor market and earnings reports from major companies like Oracle, Adobe, Broadcom, and Costco will also be closely watched.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.