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U.S. stocks are trading virtually unchanged to slightly lower on Wednesday as investors turn their attention to a Federal Reserve policy update later in the session — absent progress on China-U.S. trade talks — that will offer insights on the path of future interest rates.
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U.S. stock index futures pointed to a
flat opening on Wednesday, with eyes fixed on the latest outcome
of the Federal Reserve's deliberations on interest rates and the
looming deadline on tariffs in President Donald Trump's trade
war with China.
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U.S. stock index futures pointed to a flat opening on Wednesday, with eyes fixed on the latest outcome of the Federal Reserve's deliberations on interest rates and the looming deadline on tariffs in President Donald Trump's trade war with China.
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U.S. consumer prices rose more than expected in November, which could further support the Federal Reserve's intention not to cut interest rates again in the near term after reducing borrowing costs three times this year.
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Top news and what to watch in the markets on Wednesday, December 11, 2019.
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