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21.12 - 15:17
Stock futures inch higher following Fed decision to aggressively wind down asset purchases
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cnbc.comU.S. stock futures were slightly higher Wednesday evening after the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022.
Futures on the Dow Jones Industrial Average gained 0.19%. S&P 500 and Nasdaq 100 futures added 0.23% and 0.3%, respectively.
Stocks traded in negative territory throughout the regular session Wednesday and turned higher ahead of Fed chair Jerome Powell's press conference in the afternoon at the conclusion of the two-day Federal Open Market Committee meeting. The Dow added 383 points, or 1.08%. The S&P 500 rose 1.63% and the tech-heavy Nasdaq Composite jumped 2.15%.
«It appears that the Fed had successfully communicated this news ahead of time and although the stock market
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