Report
U.S. stocks close slightly lower but off lows amid hopes rate hikes can wait
MarketWatch reports that comments from New York Fed President John Williams gave investors hope an interest-rate hike might not come in October, as previously expected.
TLDR
MarketWatch reports U.S. stocks closed September 29 with slight losses, though they finished off their lows. The outlet says Williams’s comments raised investors’ hopes that a previously expected October interest-rate hike might not happen.
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