US equities tread water as traders brace for the Fed’s final policy call of the year

US markets moved sideways as investors awaited the Fed’s rate decision, balancing expectations of a cut against lingering inflation risks and sector rotation into small caps.

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4 days ago

US equities tread water as traders brace for the Fed’s final policy call of the year

Wall Street traded in a tight range ahead of the US Federal Reserve’s interest rate decision, with the S&P 500 marginally lower as weakness in large technology shares offset broader stability. The Dow edged higher while the Nasdaq declined on pressure from Microsoft. Investors are largely pricing in a 25 basis point rate cut, though policymakers remain divided over inflation risks versus labor market softening. 
Companies:
  • Microsoft
Tags:
  • us markets
  • federal reserve