US STOCKS-Nasdaq edges up, S&P 500, Dow decline slightly; more Fed rate hikes in focus
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The Nasdaq managed a small gain on Wednesday with support
from megacap stocks while the S&P 500 and the Dow closed lower
after U.S. Federal Reserve Chair Jerome Powell signaled more
rate hikes and said he did not see inflation falling to the
central bank’s target rate “this year or next year.”
from megacap stocks while the S&P 500 and the Dow closed lower
after U.S. Federal Reserve Chair Jerome Powell signaled more
rate hikes and said he did not see inflation falling to the
central bank’s target rate “this year or next year.”
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