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Stocks Creep Higher as Market Awaits Fed Decision - Stock Market Forecast


Stocks Creep Higher as Market Awaits Fed Decision - Stock Market Forecast
2021-03-15 19:30:00
Peter Hanks,
Strategist
Nasdaq 100 Price Outlook:
The Nasdaq 100 tiptoed higher to start the week as traders were on edge ahead of the looming Fed rate decision
While the Fed is not expected to reveal many significant changes, there are fears rates might rise sooner than previously expected
Stocks Creep Higher as Market Awaits Fed Decision - Stock Market Forecast
US equities began the week with a modest performance as each of the major indices creeped higher. The outperformer of the group, the Nasdaq 100, enjoyed a gain of 0.5% while the Dow Jones and S&P 500 were largely unchanged. Nevertheless, the Nasdaq has some catching up to do as it was the worst performer of the three indices over the last few weeks. Whether the reflation trade has met its end is yet to be seen, a trend that could be decided by the Federal Reserve’s interest rate decision later th ....

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