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U.S Stocks Edge Higher, After Indices rebound - Capital Street FX

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  S&P 500 ROSE 0.34% TO 3,946.0 ON MONDAY On Thursday market session participants will be looking ahead to retail sales, fresh jobless claims, and import price data US stocks futures rise during Wednesday evening deals, US major indices bouncing back on that day after an inflation report published by Federal Reserve Stocks fell straight on Wednesday, investors are afraid of this move, and on the last day of August market come back in doubt as investors weighed the inflation-fighting efforts. The Dow Jones Industrial Average was up by about 0.2% to 31,510.43. S&P 500 was roughly gained by 0.2% at the end of the day price was 3,946.00. Nasdaq 11 futures rose 0.4% at 11,816.20 The three major weaker note seems at the end of the month which began as a strong month i.e., Donjons AUGUST was down           4.1% and the S&P 500, and Nasdaq posted losses of nearly 4.2% and 4.6%, respectively, the 52 weeks range is 3,636.87-4,818....

Analysts examine what next after the FOMC as the S&P 500.

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                                      ANALYSTS EXAMINE WHAT IS NEXT AFTER THE FOMC AS THE S&P 500 AND NASDAQ CONTINUE TO RISE. As expected, the U.S. Federal Reserve increased its benchmark interest rate by 25 basis points at its first meeting of the year. By delivering a 25bps hike, the Fed slowed the pace of rate hikes after it hiked by 50bps in December and by 75bps at each of its previous four meetings. Still, stocks rallied in the aftermath of the FOMC as Fed Chair Powell said that the central bank is seeing signs of falling inflation. “We can now say, I think for the first time, that the disinflationary process has started,” Mr. Powell said at a press conference following the central bank’s meeting. Although Powell also said that monetary policy is still not “sufficiently restrictive,” markets heard enough to go into a risk-on setup, allowing tech stocks to lead the charge. Better-tha...