Stocks mixed as Wall Street braces for Fed meeting: Stock market news today

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Wall Street fixed its focus on an upcoming Federal Reserve meeting where the central bank will issue its next interest rate decision: stock market news today.

Kokeile Lectinect Vatsaa ilmaiseksi* 30 päivän ajan!While only 27% of Americans across all ages say their money-saving habits are "excellent," 65% of millennials and Gen Z-ers are worried about baby boomers' impact on their future, finds a new study.... -- Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.

Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenTake Societe Generale’s Manish Kabra,Wall Street banks are turning more defensive with their stock-market strategies, while some experts have warned investors to brace for pain.

 

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Asia Stocks Look Set to Fall on Wall Street Losses: Markets WrapAsian equities look set to open lower following tech-led declines on Wall Street Friday as investors look ahead to a week that includes Federal Reserve and Bank of Japan meetings.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Asia Stocks Look Set to Fall on Wall Street Losses: Markets Wrap(Bloomberg) -- Asian equities look set to open lower following tech-led declines on Wall Street Friday as investors look ahead to a week that includes Federal Reserve and Bank of Japan meetings. Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashUltra-Rich Buy Ultra-Luxury Counseling
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Futures dither after Wall St rout; Fed rate verdict in focusA slump in chipmakers on concerns of weak demand and bruised mega-cap growth stocks due to rising Treasury yields pushed the S&P 500, Nasdaq and Dow tumbling between 0.8% and 1.5% on Friday, their worst single-day fall since Aug. 24. Traders almost unanimously expect the Fed to keep rates unchanged at 5.25% to 5.5% at its meeting on Wednesday, while the odds for another pause in November is at 69%, according to the CME FedWatch Tool. 'Further rate hikes would risk sending the economy into a hard landing scenario,' said Thomas Simons, U.S. economist at Jefferies.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Wall Street Is Coming to Grips With How Wrong It’s Been in 2023(Bloomberg) -- Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardBillionaire Case Bets on Superfast Jet, AI Beyond Silicon ValleyCanada Postpones Trade Mission to India With Tensions On RiseErdogan Says Turkey, EU May ‘Part Ways’ Aft
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Wall Street Is Coming to Grips With How Wrong It’s Been in 2023Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.
Source: BNNBloomberg - 🏆 83. / 50 Read more »