Stock market news live updates: December 16, 2021

Stock futures advanced on Wednesday after the market staged a U-turn in earlier trading, welcoming a Federal Reserve decision to ramp up the pace of its taper and leave interest rates unchanged — for now.

All three major U.S. indexes opened higher ahead of the overnight trading session, driven mostly by tech stocks after clarity from the Fed about their timeline for rate hikes. Contracts on the Dow were up 10 points to 35,936.00, and S&P 500 futures edged higher by 3 points to 4,712.50….


Source link

About search

Check Also

The Fed's massive economic upgrade: Chart of the Week – Yahoo Finance

The Fed's massive economic upgrade: Chart of the Week – Yahoo Finance

[unable to retrieve full-text content]The Fed’s massive economic upgrade: Chart of the Week  Yahoo Finance Source …

Leave a Reply

Your email address will not be published. Required fields are marked *