Tag Archives: week

What to know this week

What to know this week

The major US stock indexes have backed off record highs ahead of the Federal Reserve’s all-important March meeting. On Wednesday, that tension will finally resolve. The US central bank is set to release its latest monetary policy decision and updated economic projections at 2:00 p.m. ET on Wednesday afternoon, with investors looking for an answer to one key question: does the Fed still think it will cut rates three times in 2024? Recent data showing inflation hasn’t dropped as fast as expected… Source link

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What to know this week

What to know this week

Stocks finished the week lower after a sell-off in tech led the markets lower Friday as the tech-heavy Nasdaq Composite (^IXIC) led the losses for the week, falling more than 1%. Still, the equal-weighted S&P 500 logged a weekly gain for the 7th-straight week as investors continue to look outside the “Magnificent Seven” tech leaders to power the next leg of the market rally. In the week ahead, investors will face the final major test before the Federal Reserve’s March 20 meeting when the… Source link

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