Frankfort, New York Due to uncertainty about the future monetary policy of the Federal Reserve, investors only touched US stocks with sharp fingers on Wednesday. The US stock exchanges found no common direction: The Dow Jones index of standard values closed 0.3 percent higher at 33,665 points. The technology-heavy Nasdaq lost 1.3 percent to 13,104 points. The broad S&P 500 fell 0.4 percent to 4268 points.
Investors are counting on the Fed keeping interest rates stable at next week’s meeting, analysts at Citigroup wrote. “However, monetary policy in other countries highlights both the economic danger of a premature pause and the risk of ‘surprise’ interest rate hikes in response to resurgent inflation.”
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