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International Business News: Wall Street stocks finished a choppy session mostly lower while the dollar retreated Wednesday after the Federal Reserve's latest decision to hold int
U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured.
Fundstrat's Tom Lee crunched the numbers and found that since 1985, "May has been a surprisingly good month" for the stock market.
MARKET WRAPS Watch For: Manufacturing PMI data for EU, Germany, France, Italy; trading updates from Standard Chartered, Shell, ING, Maersk, Orsted, Hugo Boss, Pandora Opening Call: ...
"The workhorse of the US economy remains the consumer, and there's really not much sign of a slowdown," Carson Group said.