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Gold remained below $4,300 an ounce on Wednesday, hovering near its lowest level in almost six weeks as investors cautiously awaited the latest US Federal Reserve policy decision. The central bank is widely expected to raise interest rates by 25 basis points, marking its first increase in around three years as policyma
U.S. stock futures declined Tuesday as the Dow Jones, S&P 500 and Nasdaq 100 indices fell following Monday’s lower close. The Federal Open Market Committee’s two-day meeting will commence, with all eyes on the FOMC’s policy direction. Meanwhile, the 10-year Treasury bond yielded 5.03% at the last check, topping 5% on M
Wall Street is split on what to make of the 10-year Treasury yield briefly topping 5% on Monday for the first time since 2023, with veteran investor Ed Yardeni calling it confidence in the economy and others warning it’s just the start of a bigger climb, as the Federal Reserve’s interest rate decision looms Wednesday.