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The final Fed meeting of 2024 awaits: What to know this week

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Summary
Nutrition label

92% Informative

The Nasdaq Composite was the only of the three major indexes to post a weekly gain.

The Dow Jones Industrial Average has now fallen for seven straight sessions, its worst stretch since February 2020 .

Markets are pricing in a roughly 97% chance the Federal Reserve will cut interest rates by 25 basis points.

The Nasdaq Composite closed above 20,000 for the first time ever on Wednesday .

The equal-weighted version of the S&P 500 (^SPXEW), which isn't overly influenced by movements in large stocks within the index, is down more than 3% .

For now, a rally in the largest tech stocks in the market is keeping the benchmark index afloat.

VR Score

97

Informative language

99

Neutral language

82

Article tone

formal

Language

English

Language complexity

53

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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