Federal Reserve monetary policy

S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

NEW YORK, Nov 3 – The S&P 500 and the Nasdaq closed higher on Monday, with artificial intelligence-related deals driving much of the gains even as the Federal Reserve’s near-term monetary policy grew increasingly foggy due to scarcity of official U.S. economic data. Tech and tech-related firms helped boost the Nasdaq to the biggest gain, … Read more

Asian shares post modest drop with focus on Nvidia

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Asian shares post modest drop with focus on Nvidia

Asian equities struggled for direction at the open Wednesday as investors awaited Nvidia Corp.’s earnings for guidance on where the markets head next after a strong rally since April. Shares edged up in Australia while gauges in Japan and South Korea were flat. Chips and the electronics sector were in focus with Nikon Corp. shares … Read more