US stocks are little changed at the opening ...Middle East

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US stocks are little changed at the opening

The major US stock indices are little changed to start the trading day.

The Federal Reserve will announce or constrict decision at 2 PM ET with expectations of no change in policy. The focus will be on the statement and what Fed chair Powellhas to say during his press conference. The Fed's economic projections for GDP, employment and inflation will also be released along with the so-called dot plot of expectations for Federal Reserves target rate. At the last release, the Fed projected two cuts between now and the end of the year.

    Dow Jones (DJI): +10.45 to 42,226.25 (+0.02%)

    S&P 500 (SPX): +1.44 to 5,984.16 (+0.02%)

    Nasdaq Composite (IXIC): -18.80 to 19,502.29 (-0.10%)

    Russell 2000 (RUT): +0.4663 to 2,102.4265 (+0.02%)

    Stock Movers – Sorted by Direction

    Higher:

    Nucor: +0.79 (+0.83%) – Preannounced strong Q2 earnings

    Amazon: +0.44 (+0.20%)

    Advanced Micro Devices (AMD): +0.19 (+0.15%)

    Dell: +0.08 (+0.07%)

    Super Micro Computer (SMCI): +0.01 (+0.02%)

    AVGO (Broadcom): +0.83 (+0.33%) (Note: marked positive, but can be added to top if highlighting AI theme)

    Lower:

    Meta Platforms: $-0.64 or -0.09%

    Apple: -0.24 (-0.12%)

    Microsoft: -$2.54 or -0.53

    Alphabet (Google): $-0.14 or -0.08%

    Intel: -0.02 (-0.10%)

    Costco: $1.39 or -0.14%

    Nvidia: $-0.44 or -0.30%

    This article was written by Greg Michalowski at www.forexlive.com.

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