S&P 500, Nasdaq Rise as Oil Softens Ahead of Fed Rate Decision
US equities opened higher as easing oil prices helped cool inflation concerns and lifted sentiment across growth stocks, with the S&P 500 and Nasdaq both advancing in early trade. Investors are now focused on the Federal Reserve’s upcoming decision, widely expected to leave rates unchanged after last month’s increase, while a wave of major technology earnings is set to test the market’s confidence in artificial intelligence spending.
