Posted 3/20/2024, 5:06:53 PM
Stocks Steady Ahead of Fed Meeting; Oil and Bitcoin Fluctuate as Investors Eye Interest Rates
- Stocks are steady ahead of today's Federal Reserve meeting and Fed Chair Jerome Powell's comments on potential interest rate changes
- Oil prices have eased 1.9% despite recent gains, causing some pullbacks in energy stocks
- Bitcoin rebounded 3% to $63,600 after dropping below $60,000 overnight
- Key stocks on the move include Intel, Spotify, Crocs, Tencent Music, Spirit AeroSystems, Chipotle, and Equinix
- Investors are optimistic overall, yet remain divided on topics like AI and overvalued stocks
