The Federal Reserve is expected to raise interest rates on Wednesday by three-quarters of a percentage point for the third consecutive time in an aggressive move to tackle white-hot inflation that is plaguing the economy, frustrating consumers and stifling the Biden administration.
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| News: What you need to know about the markets | | | | | | How much 'pain' is the Fed willing to inflict? Wednesday's rate hike will offer clues
| | The Federal Reserve is expected to raise interest rates on Wednesday by three-quarters of a percentage point for the third consecutive time in an aggressive move to tackle white-hot inflation that is plaguing the economy, frustrating consumers and stifling the Biden administration. Read more » | | | The Fed's credibility is still on the line
| | The Federal Reserve's latest policy announcement represents a critical moment, as Wall Street waits to see how hard the central bank will go in its campaign to bring down stubbornly high inflation. Read more » | | | US dollar hits new 20-year high as Russia calls up reservists
| | The US dollar climbed to a new two-decade high on Wednesday after Russia said it was mobilizing 300,000 military reserves in an escalation of the war in Ukraine. Read more » | | | Stocks sink after historic rate hike from the Fed
| | Read more » | | | America's gas prices rise for the first time in 99 days
| | The historic streak of falling gasoline prices is over. Read more » | | | Gap is laying off 500 corporate employees as challenges mount
| | Roughly 500 corporate jobs are being eliminated at the Gap, adding to the problems that the beleaguered retailer is currently facing. Read more » | | | | | | | | | |
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| | | -522.45 | | -204.86 | | -66.00 | | 30,183.78 | | 11,220.19 | | 3,789.93 | | -1.70% | | -1.79% | | -1.71% | | YTD -16.94% | | YTD -28.28% | | YTD -20.48% | | | |
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| Biggest Winners | | General Mills Inc | +5.72% | | | | Kellogg Co | +2.01% | | | | DXC Technology Co | +1.81% | | | | Campbell Soup Co | +1.59% | | | Biggest Losers | | Carnival Corp | -6.81% | | | | Las Vegas Sands Corp | -6.77% | | | | Live Nation Entertainment Inc | -6.11% | | | | Royal Caribbean Cruises Ltd | -5.52% | | | | | |
| Hottest ETF |  | | | NYSE Market Volume |  | | | | | |
| Key Market Stats | Latest | Today's Change | | | Oil | $82.98 | -0.96 / -1.14% | | | Gold | $1,682.80 | +11.70 / +0.70% | | | 10-yr | 3.51% | -0.06 | | | Euro | $0.98 | -0.01 / -1.40% | | |
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