Stock market news today: Investors await Fed and mega-cap tech earnings

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US stocks slide as investors turn focus to Fed meeting and brace for mega-cap tech earnings

US stocks slipped Monday as investors brace for a key Federal Reserve interest rate decision and mega-cap tech earnings later this week.

The catalysts should make for a volatile week ahead, with the Federal Reserve slated to hike interest rates at its FOMC meeting on Wednesday. Fed Chairman Jerome Powell is expected to hike interest rates by 25 basis points, in what could be one of the last interest rate hikes of the current cycle.

 

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Dow futures tick lower as investors brace for Fed, earnings By Investing.com⚠️BREAKING: *U.S. STOCK FUTURES POINT TO SHARPLY LOWER OPEN AS WALL STREET BRACES FOR FED RATE HIKE, BIG TECH EARNINGS $DIA $SPY $QQQ 🇺🇸🇺🇸 Shit show
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U.S. stocks open lower as investors brace for Fed meeting, earnings delugeU.S. stocks opened lower on Monday as traders took profits before the Federal Reserve is expected to hike interest rates by 25 basis points. The Dow Jones Industrial Average retreated by 75 points, or 0.2%, to 33,903:
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