Fed Decision Looms, Stocks Fall, Congress Faces Shutdown, Nissan and Honda in Merger Talks

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FED,INTEREST RATES,STOCK MARKET

The Federal Reserve is set to announce its latest interest rate decision on Wednesday, with expectations for another quarter-point cut. Meanwhile, the Nasdaq has experienced its longest losing streak since 1978, despite positive performance in the broader market. Congress faces a potential government shutdown as funding runs out on Friday. In the automotive industry, Nissan and Honda are reportedly in merger talks that could create a major player in the global market.

A big Fed decision is coming Wednesday.notched its ninth straight day of losses on Tuesday. It's the index's longest losing streak since 1978 and notably comes at a time when the broader market is faring just fine. Though theboth lost some ground on Tuesday, both averages are up for the month, while the Dow is down more than 3%. CNBC explainsand Wall Street is betting on another quarter-point haircut.

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