All eyes will be on the Federal Reserve Wednesday as it wraps up a crucial policy meeting in Washington, DC, the outcome of which will have repercussions for millions of American families and businesses, as well as the economy, ahead of the midterm elections.
‘Bubble’ hitting 50% of market, top investor warns as Fed gets ready to meet
The market may be in the early innings of a dramatic decline. Despite Monday’s tech comeback, money manager Dan Suzuki of Richard Bernstein Advisors warns the group is in a “bubble.”
Hong Kong falls 1% as Asia-Pacific stocks decline; Alibaba and Tencent shares drop more than 3%
Shares in Asia-Pacific were lower on Wednesday as investors looked ahead to the U.S. Federal Reserve’s interest rate decision expected later stateside.