Wednesday 1 May 2024
 
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Federal meeting

Higher oil lifts stocks ahead of Fed meet

Global stock prices rose for a second day on Wednesday with the S&P 500 hitting its highest in almost a month as investors awaited the US Federal Reserve decision on whether raise interest rates for the first time in almost a decade.

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Oil retreats towards $74 ahead of Fed meeting

Oil fell on Tuesday, resuming last week's trend and erasing part of the previous session's gain of 1.6 per cent, on lingering worries about the US economy ahead of a Federal Reserve meeting later in the day. US crude for October fell dispr

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