Dow aims to end longest losing streak as Fed decision looms

Stocks are expected to bounce back as the Dow Jones Industrial Average looks to end its longest losing streak since 1978.

Futures for the S&P 500 and Dow are both up 0.3%, while the Nasdaq, which is heavily focused on technology, sees a 0.2% increase.

The Dow has been struggling recently, falling behind in a broader market rally.

Healthcare stocks, particularly UnitedHealth Group, have faced significant declines following the murder of CEO Brian Thompson.

The Federal Reserve is set to announce its latest interest rate decision later today.

Analysts predict a third consecutive rate cut, but the focus will likely shift to the Fed's forecast for 2025, as it may indicate a change from its previous guidance.

Nvidia, a major player in the tech sector, has seen a decline of over 10% since its record high in November, although it experienced a nearly 3% increase in premarket trading.

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