S&P 500 rises today as investors eye the Fed decision
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- S&P 500 advances ahead of US interest rate decision
- Trump pressures Fed after positive GDP data
- Microsoft and Meta boost tech stocks
The S&P 500 registered a slight increase on Wednesday (30), rising 0,2%, with investors paying close attention to the Federal Reserve's decision on interest rates in the United States. The Dow Jones followed with an increase of 0,1%, while the Nasdaq rose 0,4%, driven by technology stocks.
The market is operating in a wait-and-see mode as it awaits the outcome of the Fed's monetary policy meeting, scheduled for 14 p.m. Brasília time (东八区). Although most analysts expect rates to remain unchanged, the focus is on signals regarding possible cuts later this year.
Attention is also focused on statements from Fed Chairman Jerome Powell and the updated dot plot, which could reveal internal divisions over the direction of monetary policy.
The indexes' movements also reflect the positive impact of corporate earnings reports from tech giants. Microsoft and MetaTrader reported better-than-expected results, supporting the Nasdaq's performance and contributing to moderate optimism on Wall Street.
Data released this morning reinforced the perception of a more resilient economy. U.S. Gross Domestic Product grew 3% in the second quarter, reversing the contraction seen in the first three months of the year. The private sector also surprised, with job creation exceeding projections and a resumption of payroll growth.
In light of the positive figures, US President Donald Trump once again publicly urged the Fed to cut interest rates immediately. "'Too late'—now we need to cut interest rates," he wrote on social media, before the monetary authority's official statement was released.
The S&P 500's advance comes amid this context of cautious optimism, with the market evaluating how monetary policy decisions could impact both traditional assets and the cryptocurrency market in the coming months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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