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Wall St update: Nasdaq, S&P 500 slide ahead of Fed decision

Rate-sensitive banking stocks rose 0.8%, while megacap stocks such as Amazon.com Inc, Tesla and Nvidia fell, weighing on the Nasdaq. ....

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RBI Governor Das announces hike in interest rate by 40 bps by 4.44%

Das held an unscheduled conference today, a day ahead of the Federal Reserve FOMC minutes, where it is expected to raise rates by 50 basis points. ....

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Wall Street pares gains after Fed hikes rates, signals more

Dow up 0.13%, S&P up 0.38%, Nasdaq up 1.02% ....

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Morgan Stanley backs cautious Fed rate hike as Ukraine crisis fuels inflation

Oil, metal and other commodities prices have soared as fighting in Ukraine has intensified, adding to concerns there is no end in sight to inflation. ....

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Readout of January meeting shows Fed not wed to particular pace of rate hikes

The account of the two-day session showed the US central bank readying for a fight against the fastest pace of price increases since the 1980s. ....

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