"Markets on Edge: Fed Decision and Jobs Report Awaited"

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Source: CNN
"Markets on Edge: Fed Decision and Jobs Report Awaited"
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TL;DR Summary

The Federal Reserve has decided to hold interest rates steady for the second consecutive meeting, signaling a pause in its aggressive rate-hiking campaign. This comes as economists and financial markets anticipate a further slowing of the US economy. US markets rose after closing out a third straight month of losses, with information technology stocks outperforming. The number of job openings in the US climbed to the highest in four months, while private sector employers added 113,000 jobs in October. The US Treasury Department announced upcoming bond auctions, which will give investors a sense of where bond yields could be heading.

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