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Story summary
- U.S. equities traded cautiously before the Federal Reserve's policy meeting, with the S&P 500 and Dow Jones slightly declining.
- August retail sales rose 0.6%, surpassing expectations and reflecting strong consumer spending amid inflation concerns.
- Tesla shares increased by 2.24% after CEO Elon Musk's notable stock purchase, while Nvidia faced scrutiny from a Chinese antitrust investigation.
- Oracle's stock climbed 0.68% due to its inclusion in the U.S.-China TikTok agreement.
- Gold prices exceeded $3,700 per ounce, driven by geopolitical risks and central bank demand.
