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2024-09-18 14:56:19
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Summary of Wall Street ticks slightly higher ahead of presumed Fed interest rate cut

Summary of Wall Street ticks slightly higher ahead of presumed Fed interest rate cut
Wall Street ticks slightly higher ahead of presumed Fed interest rate cut


Wall Street ticked slightly higher as markets awaited an expected interest rate cut by the U.S. Federal Reserve, the first in more than four years.

https://www.pbs.org/newshour/economy/wall-street-ticks-slightly-higher-of-presumed-fed-interest-rate-cut


Wall Street waits for a rate cut from the U.S. Federal Reserve to address high inflation. Japan sees a decrease in its trade deficit, with a rise in exports to Asia but a fall in exports to the U.S. Dollar slips against the Japanese yen. Benchmark U.S. crude and Brent crude prices both decline in energy dealings.
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