6/13/2018, 3:30 PM (Source: TeleTrader)
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US markets open mostly flat ahead of Fed interest rate decision

Major markets in the United States started the trading session mostly flat on Wednesday, ahead of the upcoming interest rate decision by the Federal Reserve later in the day. The central bank will decide whether to raise key interest rates for the second time this year, and comment on the current state of the economy, as well as future monetary policy and further rate hikes. On the political front, United States President Donald Trump claimed that as a result of his summit with Kim "there is no longer a nuclear threat from North Korea."

The Dow Jones Industrial Index and the S&P 500 were flat at the open. Intel added 0.78%.

The Nasdaq 100 went up 0.12% at the start, reaching a new all-time high. Twenty-First Century Fox's class A and B shares led the gains advancing 7.42% and 7.29%, respectively.

The euro added 0.28% against the dollar, selling for $1.1777 at 3:32 pm CET.

Breaking the News / NI