Stocks Edge Higher Ahead of Fed Meeting But Remain on Track for Third Monthly Loss; Disney Slams DeSantis Over 'Don't Say Gay' Law
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US stocks struggled for direction ahead of Fed policy decision on Wednesday. S&P 500, Dow and Nasdaq reversed losses to edge higher.
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Stocks headed for third straight month of losses, a losing streak not seen since March 2020.
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Disney accused Florida Gov. DeSantis of "constitutional mutiny" in latest court filing over "Don't Say Gay" law.
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World Bank warned Middle East turmoil and Ukraine war could severely disrupt oil supply and send prices up to $157 per barrel.
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Consumer confidence fell for third straight month in October but still beat expectations. Index remains below 80, signaling recession risk.