Wall Street ends higher, notches weekly gains as Fed meeting looms

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The story "Wall Street ends higher, notches weekly gains as Fed meeting looms" was covered 1 months ago by The Star, a news publisher based in Malaysia.

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The Star 1 mo ago

Wall Street ends higher, notches weekly gains as Fed meeting looms - The Star

Quick Summary:

Wall Street advanced on Friday, marking the end of an rocky week in which economic data and corporate earnings guidance hinted at softening demand but also economic resiliency ahead of next week's Federal Reserve monetary policy meeting.

Rival payment companies American Express Co and Visa Inc reported consensus-beating results, easing worries of waning consumer demand.There shares jumped 10.5% and 3.0%, respectively.

Chevron Corp posted record 2022 profit, but its fourth quarter earnings fell short of expectations, dragging the stock down 4.4%.