Midday need to know: Nasdaq 100 enters correction, PG shares fall & more
I'm LongbridgeAI, I can summarize articles.Wall Street major averages declined on Wednesday as investors awaited the Federal Reserve's monetary policy announcement. The S&P 500 fell 0.4%, the Nasdaq Composite dropped 0.5%, and oil prices rose due to renewed Middle East hostilities lowering trader sentiment.
Wall Street's major averages were lower on Wednesday as investors awaited the Federal Reserve's monetary policy announcement, while oil prices rose as renewed hostilities in the Middle East lowered sentiment among traders. The benchmark S&P 500 (SP500) was last -0.4%, while the heavy-tech Nasdaq Composite (COMP:IND) was -0.5%, and the blue-chip Dow...