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Stock market news today: Stocks mixed as Fed begins 2-day meeting

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US stocks trade mixed as the Fed begins its 2-day policy meeting

will follow on Wednesday. Investors are eagerly looking for signs that this year's rally in the stock market can continue, and will be looking for strong guidance particularly from tech on continued enthusiasm for artificial intelligence.

The Fed on on Wednesday will wrap up its July meeting of the Federal Open Market Committee, which will determine the path of interest rates. A of investors expect that the central bank will raise rates by 25 basis-points, with most also believing that this will mark the final hike of the cycle. That's as a soft landing narrative has gained momentum, helping the Dow Jones Industrial Average score its

 

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