Wall Street Cautious Ahead of Rate Decision
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ebullient new year forecastsReuters
•Morning Bid: Markets edgy as Fed awaited
78% Informative
The Dow Jones Industrial Average's 9-day losing streak is longest negative run since 1978 .
But the index is still just under 4% from record highs set earlier this month .
The Fed is nailed on to announce another quarter -point rate cut to a new 4.25-4.5% policy rate range.
UniCredit raises its potential stake in Germany 's Commerzbank to 28% by signing new derivative contracts.
The Italian bank has applied to the European Central Bank to be allowed to get to 29.9% of its German rival.
Key developments that should provide more direction to U.S. markets later on Wednesday .
VR Score
90
Informative language
98
Neutral language
33
Article tone
formal
Language
English
Language complexity
57
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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