Wall St. holds on to gains; Fed policy meeting eyed

Credit: Reuters- Published on June 17, 2019
Wall Street's main indexes rose on Monday, with the tech-heavy Nasdaq leading the pack, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year.
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Credit: Wochit Business
Published on June 17, 2019 -  00:35
Wall Street Is Up As Investors Await Fed's Policy Meeting
According to Reuters, the top markets on Wall Street are trading up ahead of the latest Federal Open Market Committee meeting. The Fed's policymaking committee is meeting this week to discuss interest rates, which is expected to remain steady. But the meeting minutes are expected to provide insights about an interest rate cut later this year. By the afternoon on June 17th, the top three markets on the New York Stock Exchange were trading up.

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