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Reuters

Reuters

Morning Bid: Markets edgy as Fed awaited

Reuters
Summary
Nutrition label

78% Informative

The Dow Jones Industrial Average's 9-day losing streak is longest negative run since 1978 .

But the index is still just under 4% from record highs set earlier this month .

The Fed is nailed on to announce another quarter -point rate cut to a new 4.25-4.5% policy rate range.

UniCredit raises its potential stake in Germany 's Commerzbank to 28% by signing new derivative contracts.

The Italian bank has applied to the European Central Bank to be allowed to get to 29.9% of its German rival.

Key developments that should provide more direction to U.S. markets later on Wednesday .

VR Score

90

Informative language

98

Neutral language

33

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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