Major averages rose in Wednesday's opening session but the Nasdaq fell after Alphabet reported cloud revenue below Wall Street estimates, despite topping profit views.
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The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, and its officials signaled that they expect to make three quarter-point cuts to their benchmark rate next year.
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Apple Unveils New Biometric Security Feature
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Stocks Mixed Ahead of Federal Reserve Rate Decision
Stocks were generally mixed as investors await a decision from the Federal Reserve about interest rates.
