{"id":4428,"date":"2024-12-18T18:00:10","date_gmt":"2024-12-18T18:00:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4428"},"modified":"2024-12-18T18:00:10","modified_gmt":"2024-12-18T18:00:10","slug":"stocks-inch-up-ahead-of-fed-decision-nvidia-set-to-snap-four-straight-losses-bitcoin-slips-whats-driving-markets-wednesday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4428","title":{"rendered":"Stocks Inch Up Ahead Of Fed Decision, Nvidia Set To Snap Four Straight Losses, Bitcoin Slips: What&#8217;s Driving Markets Wednesday?"},"content":{"rendered":"<div>\n<p>Wall Street inched marginally higher during Wednesday morning trading in New York, with traders remaining on edge ahead of the eagerly anticipated <strong>Federal Reserve meeting scheduled for 2 p.m. ET<\/strong>, followed by Fed Chair <strong>Jerome Powell<\/strong>\u2018s press conference <a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/12\/42554114\/all-eyes-on-december-fed-meeting-as-traders-await-interest-rate-projections\">at 2:30 p.m. ET.<\/a><\/p>\n<p>The Fed is widely expected to reduce interest rates by 25 basis points to a target range of 4.25%-4.50%. Yet, the market\u2019s reaction is likely to hinge on the updated economic projections and Powell\u2019s commentary on future policy direction.<\/p>\n<p>The semiconductor sector rebounded strongly, with the <strong>iShares Semiconductor ETF<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SOXX#NASDAQ\">SOXX<\/a>) climbing 0.9% after a 1.6% dip on Tuesday. <strong>Nvidia Corp. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/NVDA#NASDAQ\">NVDA<\/a>) surged 3.6%, on track to mark its best single-day gain in a month and to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/economics\/macro-economic-events\/24\/12\/42559584\/stocks-inch-up-ahead-of-fed-decision-nvidia-set-to-snap-four-straight-losses-bitc\" alt=\"Stocks\" inch up ahead of fed decision nvidia set to snap four straight losses bitcoin slips: what driving markets wednesday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street inched marginally higher during Wednesday morning trading in New York, with traders remaining on edge ahead of the eagerly anticipated Federal Reserve meeting scheduled for 2 p.m. ET, followed by Fed Chair Jerome Powell\u2018s press conference at 2:30 p.m. ET. The Fed is widely expected to reduce interest rates by 25 basis points [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4428","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4428"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4428\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}