US stocks rebound after recent losses; Fed Governor Waller set to speak

Investing.com-- U.S. stocks rose Wednesday, rebounding after three straight days of losses amid uncertainty ahead of more cues on inflation and the Federal Reserve.The Wall Street indexes bounced from recent losses, after Tuesday's data bolstered the view of a robust economy. However, they remain below the record highs seen last week, with traders cautious as they seek more cues on the path of inflation and interest rate cuts.

There's little in the way of economic data to study Wednesday, so investors are likely to focus on comments from Federal Reserve Board Governor, also on Friday, that are attracting the most attention after the central bank signaled last week that it still planned to cut rates by 75 basis points in 2024, inflation notwithstanding.) jumped over 5% to an indicated record high after the U.S. Food and Drug Administration approved its treatment for a rare lung disease.) advanced 6.

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Source: News Formal (newsformal.com)

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