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Daily Markets: Stocks Slip Amid Rate Cut Uncertainty

Ahead of tomorrow’s semiannual testimony by Fed Chair Powell, this morning’s post-market open release of the February U.S. Service PMI reports from ISM and S&P Global are bound to attract attention.


 

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Fed Minutes Show Officials Agreed on Restrictive Stance
Federal Reserve participants "viewed the policy rate as likely at or near its peak for this tightening cycle,” according to the minutes of the Dec. 12-13 Federal Open Market Committee meeting. Kailey Leinz reports.
Jan 03, 2024

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