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2023-03-23 09:35
Major Wall Street indices closed over 1.6% lower on Wednesday after Federal Reserve signaled it might soon pause future interest rate hikes but Chair Jerome Powell reasserted his commitment to bring inflation down to 2%. The Fed hiked the policy rates by an expected 25 basis points. Meanwhile, the following are the five stocks that are drawing investors' attention:1. Tesla Inc (NASDAQ:TSLA): Shares of Tesla closed 3.25% lower on Wednesday, in line with the broader markets. However, the company's European sales grew faster than any other carmaker in February, per data from the European Automobile Manufacturers' Association. In February, Tesla accounted