United States Stock Market Index (US30) traded at 37977 this Friday April 19th, increasing 211 or 0.56 percent since the previous trading session. Looking back, over the last four weeks, US30 gained 3.89 percent. Over the last 12 months, its price rose by 12.40 percent. Looking ahead, we forecast United States Stock Market Index (US30) to be priced at 39164 by the end of this quarter and at 36963 in one year, according to Trading Economics global macro models projections and analysts expectations.
Fed Holds Rates Amidst Inflationary Pressures
The Federal Reserve kept the target range for the federal funds rate unchanged at 5.25%-5.50% during its May meeting for the sixth consecutive time, as ongoing inflationary pressures and a tight labor market indicate a stall in progress toward bringing inflation back...
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