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U.s. stocks stabilized near maximum record before the FOMC — Forex Stock Trade




U.s. stocks stabilized near maximum record before the FOMC




The main american stock market indices were based on returns during the night to record a high level of close and touched new highs unprecedented during the opening hour of trade on Tuesday.

The modest early, however, lacked any strong moment as investors preferred to stay on the sideline and waited for the start of a meeting of the monetary policy of FOMC two-day.

It is expected widely that the Fed could start to reduce its massive balance sheet of $ 4.5 trillion and to leave the interest rates unchanged. Investors, however, would be looking for clues on the chances of any further increase of the interest rate of the Federal Reserve by the end of this year.

At the time of reporting, the Dow Jones Industrial Average rose about 20 points to 22.353, while the S & P 500 index more comprehensive was maintained near the closing level from yesterday around of 2,504.

Meanwhile, the Nasdaq Composite, high-technology, had a performance under and was reduced to 4 points in 6.450. Meanwhile, the current economic publications of the united States — data on the housing market, the figures for the trade balance and the import price index/export, did little to give a new momentum and were overshadowed by the trade cautious prior to the FOMC.



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