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0 0.00139664804469271 -0.0125698324022346 0.00139664804469271 -0.028449720670391 -0.020963687150838 -0.0558659217877094 -0.0638966480446927
Stock impact report

US STOCKS-S&P 500, Nasdaq to open near record highs with Fed meeting in focus [Reuters]

Ocugen, Inc. (OCGN) 
Company Research Source: Reuters
* Ocugen jumps on partnership for U.S. production of vaccine * Fed kicks off two-day policy meeting * Futures: Dow and S&P up 0.1%, Nasdaq rises 0.1% (Adds comment, updates prices) June 15 (Reuters) - The S&P 500 and the Nasdaq were set to open near record highs on Tuesday as investors awaited cues from the Federal Reserve this week about whether a recent jump in inflation would prompt a sooner-than-expected tapering in monetary policy. Assurance from the Fed that rising prices, coupled with falling U.S. Treasury yields, are transitory have helped ease some concerns over inflation with all eyes turning to the central bank's statement at the end of its two-day policy meeting on Wednesday. The benchmark S&P 500, the blue-chip Dow Jones and the tech-stocks focused Nasdaq have gained 13.3%, 12.3% and 10%, respectively so far this year, largely driven by optimism about an economic reopening. “If the Fed can convey to the market that they are going to continue to be patient and Show less Read more
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