The Federal Reserve kept interest rate predictions the same on Wednesday for the third time in a row, which could point to signs that inflation could possibly begin to slow down.
Read More Federal Reserve Leaves Interest Rates Unchanged, Indicates 3 Cuts Coming Next Year
Dealers squaring their books ahead of an options expiration may be helping to tamp down swings in U.S. stocks.
Read More Why are US stocks sluggish? Some blame a looming $5 trillion options expiration
The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve’s policy meeting and inflation data.
Read More S&P, Nasdaq muted as markets brace for inflation and Fed
U.S. job growth accelerated in November while the unemployment rate fell to 3.7%.
Read More US labor market shows strength amid surge in payrolls gains
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
Read More Market bets for 2024 thrown into chaos by US recession conundrum
The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing momentum.
Read More US weekly jobless claims increase moderately