I was looking for information about the time when the FED will announce the decision on rates for September and here is some interesting information.
Here's where US indexes stood at the 9:30 a.m. opening bell on Wednesday:
S&P 500: 4,454.07, up 0.23%
Dow Jones Industrial Average: 34,612.47, up 0.27% (94.74 points)
Nasdaq Composite: 13,693.53, up 0.11%
Here's what else happened today:
AI innovations could turn side hustles into a $1.4 trillion industry this decade, Morgan Stanley said.
Oil is looking to hit $100 a barrel, slipping up the Fed in its inflationary fight.
Russia's trade with the US has dropped to a three-decade low, while trade with China climbs to an all-time high.
In commodities, bonds, and crypto:
West Texas Intermediate crude oil fell 2.34% to $89.5 a barrel. Brent crude, the international benchmark, slid 1.25% to $93.41 a barrel.
Gold declined 1.02% to $1,942.80 per ounce.
The yield on the 10-year Treasury bond dropped 3.4 basis points to 4.333%.
Bitcoin essentially stayed flat at $27,103.
In other words, Bitcoin didn't even blink
