Stock market today: Wall Street ticks higher ahead of Fed rate call

(19 Mar 2025)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
New York – 18 March 2025
1. Exterior of New York Stock Exchange
2. Walking shot entering NYSE trading floor
3. Various of traders at terminals
4. Trader gestures behind glass
5. People enter NYSE floor
6. Cable television broadcasters
7. Various of traders at desk
8. American flag
9. Trader in blue jacket
10. Walking shot of NYSE floor
11. Various of traders
12. Reporter with teleprompter
13. Trader on floor
14. Zoom in on Wall Street, Main Street prop sign
15. Traders discussing at desks
16. Trader at desk
17. Various exteriors of Wall Street
18. Various of traders and screens
STORYLINE:
Wall Street inched a little higher Wednesday ahead of the Federal Reserve’s latest decision on interest rates.

Futures for the S&P 500 rose 0.3% before the bell, while futures for the Nasdaq rose 0.4%. Futures for the Dow Jones Industrial Average ticked up 0.2%.

If the Fed leaves interest rates alone as expected Wednesday, the focus will turn to the U.S. central bank’s forecasts for future rate cuts, inflation and the broader economy.

For now, traders on Wall Street are largely expecting the Fed to deliver two or three cuts to rates by the end of 2025.

Uncertainty is widespread among global markets about what President Donald Trump’s trade war will do to the American economy and economies around the world.

AP video shot by Ted Shaffrey

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