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Market likely to open slightly weak as Fed raises rates

Updated : June 14, 2018 07:19 AM IST

The market is likely to open weak as global peers were edging lower in early trade on Wednesday after the US Federal Reserve raised the key interest rate by 25 basis points. 
The investors are trading cautiously amid concerns in the US-China trade situation. 
On Wall Street, the S&P 500 lost 0.40 percent and the Nasdaq Composite dropped 0.11 percent.
Market likely to open slightly weak as Fed raises rates

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