US stocks open higher as markets anticipate Fed's first rate cut in four years
- Posted on September 18, 2024
- By Business News Today
- 2 Views
US stocks open higher as markets anticipate Fed's first rate cut in four years
Wall Street's main indexes opened slightly higher on Wednesday, as the Federal Reserve was widely expected to deliver its first interest rate cut in more than four years, with most investors betting on a 50-basis point reduction.