Investors Await Fed Decision, Markets Remain Flat

1 min read
Source: Investor's Business Daily
Investors Await Fed Decision, Markets Remain Flat
Photo: Investor's Business Daily
TL;DR Summary

Dow Jones futures rose slightly ahead of the Federal Reserve's rate hike decision and Fed Chair Jerome Powell's subsequent comments. The Federal Reserve may be reluctant to raise its target interest rate on Wednesday as rescue attempts for several U.S. regional and community banks remain less than certain. Meanwhile, GameStop rocketed 50% on a surprise profit, and Nike and Salesforce are among the top stocks to watch in the ongoing stock market correction. Tesla stock gained 1.3% Wednesday morning, as it looked to extend Tuesday's rise.

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