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Thursday, December 1, 2022

US stocks hit record highs as key Fed policy meeting gets underway | Business Insider

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As investors await the Federal Open Market Committee’s two-day meeting, US markets hit new highs on Tuesday. The central bank is anticipated to declare this month that it will begin decreasing its capital spending after the policy meeting. After all three major US indexes ended at new highs the previous day, the rise persisted. After trading flat for most of the day, the Dow Jones Industrial Average, which closed above 36,000 for the first time, the benchmark S&P 500, and the tech-heavy Nasdaq Composite all gained traction towards the conclusion of the session.

Source: https://markets.businessinsider.com/news/stocks/stock-market-news-today-records-fed-meeting-inflation-dow-36000-2021-11


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