"Market Holds Steady as Fed Rate Decision Looms: Live Updates"
TL;DR Summary
Stocks rose slightly as investors awaited the Federal Reserve's rate decision and comments from Fed Chair Jerome Powell, with Nvidia and Super Micro Computer falling. Famed investor Cathie Wood sold shares of Block, while small cap stocks on the Russell 2000 edged up and the yield on the 10-year Treasury note fell. Earnings reports from retail stocks and movements in other companies such as Texas Roadhouse, Marriott, and Alphabet also influenced the market.
- Stock Market Today: Stocks Rise Ahead Of Fed Powell; Nvidia, SMCI Fall As Cisco Rival Breaks Out Investor's Business Daily
- S&P 500 trades flat as Fed rate decision looms: Live updates CNBC
- Fed meeting: Dow Jones steady ahead of rate decision, Powell press conference, dot plot MarketWatch
- Biden touts government investing $8.5 billion in Intel's computer chip plants in 4 states The Associated Press
- Stocks Hold Steady Ahead of Fed Rate Decision Barron's
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