US: Muted start for Wall Street as attention turns to Fed

Published Wed, Mar 20, 2024 · 09:44 PM

Wall Street was range bound at open on Wednesday (Mar 20) as investors awaited the conclusion of the Federal Reserve’s meeting, where it is widely expected to keep interest rates unchanged and provide cues on its monetary policy trajectory.

The Dow Jones Industrial Average fell 38.71 points, or 0.1 per cent, at the open to 39,072.05.

The S&P 500 opened higher by 3.18 points, or 0.1 per cent, at 5,181.69, while the Nasdaq Composite gained 18.97 points, or 0.1 per cent, to 16,185.76 at the opening bell. Reuters

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here