Nasdaq hits a record, traders are waiting for Fed meeting
San Francisco: Nasdaq set a record high near Friday in a mixed transaction, raised by Microsoft as investors examined a Federal Reserve policy meeting next week, when it is widely expected to reduce interest rates to deal with the job market slowdown. Tesla’s supply and other technology -related reserves, Nasdaq added to a rally in the previous session that saw all three markers hit all the high levels. Investors focus on the Fed meeting on Tuesday and Wednesday. Traders expect the Central Bank to reduce interest rates by 25 basis points, as recent data have shown long -term inability to
