U.S. stock markets ended nearly flat after hitting record highs on Tuesday and the dollar stood firm as strong economic data allayed slowdown fears and investors braced for the Federal Reserve's expected move to cut interest rates for the first time in more than four years.

The ringgit opened lower against the US dollar today, as market participants adopted a wait-and-see approach ahead of the United States (US) Federal

A half-point interest-rate cut by the Fed on Wednesday wouldn’t necessarily signal the U.S. is heading into recession, according to BlackRock’s Rick Rieder.