"US Stocks Mixed as Fed Decision Looms, Tesla Model 3 Tax Credit to be Lost"

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Source: Yahoo Finance
"US Stocks Mixed as Fed Decision Looms, Tesla Model 3 Tax Credit to be Lost"
Photo: Yahoo Finance
TL;DR Summary

US stocks were mixed as investors awaited the Federal Reserve's final interest-rate decision of the year. The Nasdaq Composite rose 0.4%, while the S&P 500 and Dow Jones Industrial Average hovered around the flat line. The focus is on the Fed's policy decision and Chair Jerome Powell's comments regarding interest-rate hikes. In other news, Tesla recalled over 2 million vehicles due to an Autopilot safety flaw, and Pfizer's stock dropped after cutting its earnings guidance for 2024.

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