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Stocks Rise as Markets Await Central Bank Week
U S stocks climbed as investors awaited a pivotal week led by the Federal Reserve meeting. The S P 500 rose 0.6 percent to 5149 42, the Dow gained 0.2 percent to 38790 43, and the Nasdaq advanced 0.8 percent to 16103 45. The Fed is expected to hold rates near the high 2001 level and publish updated forecasts, with possible changes to projected cuts this year amid inflation concerns. Nvidia led gains and Hertz slid after its CEO resignation and leadership change.
MENTIONED IN THIS ARTICLE
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Federal Reserve
Central Bank
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Treasury
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Vanguard
Nvidia
Alphabet
Tesla
Hertz Global Holdings
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New York Mercantile Exchange
Chicago Board of Trade
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Chicago Mercantile Ice Exchange
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Intercontinental Exchange
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Associated Press