Menu
2024-05-01
Interesting about finance
American stock indices are rising in value ahead of the Federal Reserve meeting

American stock indices are rising in value ahead of the Federal Reserve meeting

U.S. stock indices rose on Monday ahead of the Federal Reserve meeting and the upcoming financial reports from Apple and Amazon, according to trading data.

As of 19:26 Moscow time, the Dow Jones Industrial Average had gained 0.26%, reaching 38,337.21 points; the NASDAQ, which tracks high-tech companies, increased by 0.34% to 15,981.52 points; and the broad-market S&P 500 index was up 0.3% at 5,114.69 points.

The Federal Reserve's meeting is set for this week, with results to be announced on Wednesday, May 1. According to CME Group, 97.3% of analysts expect the regulator to maintain the rate at 5.25-5.5%. Investors are also looking forward to this week's earnings reports from Apple and Amazon. Additionally, on Thursday, the weekly U.S. unemployment claims statistics will be released.

‹ Back