Wednesday, 25 May 2022

Nasdaq 100, S&P 500 Gain as FOMC Minutes Bring No New Hawkish Surprises, US PCE Eyed

U.S. stocks advanced on Wednesday after the FOMC minutes from the May meeting brought no new hawkish bombshells. Despite this rebound, the mood on Wall Street remains cautious.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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