US stocks held close to record levels on Wednesday as investors awaited the Federal Reserve’s interest rate decision, with gains in tech and industrial heavyweights helping sustain Wall Street’s momentum.The S&P 500 was up 0.3%, while the Dow Jones Industrial Average rose 193 points (0.4%) and the Nasdaq Composite gained 0.7% as of 9:35 am…
New Delhi: Zoho’s Chief Scientist and Co-founder Sridhar Vembu on Saturday agreed with former IMF Chief Economist Gita Gopinath, regarding the huge economic bubble in the US stock market. Vembu said that a systemic event like the global financial crisis of 2008-9 cannot be ruled out. Zoho’s founder responded on social media platform X to…
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Last Updated:March 20, 2025, 00:58 IST US Federal Reserve Meet: Along with the decision, officials updated their rate cut projections. They see 50 basis points rate cut in 2025. Jerome Powell says Inflation remains elevated against target of 2% and tariffs were responsible for driving inflation expectations. US Fed Meeting: The US Federal Reserve on…
