In early trading on the 18th, US stocks fluctuated in a narrow range, trading near flat.investPeople’s attention is on the policy that the Federal Reserve (Fed) will implement this weekRate of interestAhead of the decision, the Dow Jones Industrial Average fell 34 points, or 0.1%; The S&P 500 and Nasdaq fell about 0.1%; The Philadelphia Semiconductor Index also rose slightly, 0.2%; TSMC ADRs rose slightly 0.1%.
International oil prices continue to rise as investors worry that supplies will increase further in the oil market in the fourth quarter.texasIntermediate crude oil and Brent crude oil prices reached their highest level since November last year on the 18th: WTI rose more than 1% on the 18th, reaching the highest level since November 8 last year at $91.7 per barrel reached; Brent once reached $91.7 per barrel. The barrel is at US$94.90, just US$0.1 away from US$95.
Investors now generally expect the Fed to keep interest rates unchanged at this week’s policy meeting. According to CME Group’s FedWatch tool, traders currently see a 99% chance of the Fed keeping interest rates unchanged at its 20th meeting, and only a 31% chance of raising interest rates in November.
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