Stock Market News Today: Markets look for direction a day ahead of Fed (SP500) – Seeking Alpha

From Google: 2024-09-17 13:32:00

Stock markets are looking for direction ahead of the Federal Reserve announcement, with the S&P 500 down slightly. Investors are awaiting the Fed’s decision on interest rates and inflation. The market is also adjusting to news of a potential covid-19 vaccine from Moderna showing promising results. Treasury yields are stable, while oil prices are slightly up. Tech stocks are leading the gains, with Apple and Amazon both up. Healthcare and financial sectors are seeing some losses. Overall, investors remain cautious and are closely monitoring upcoming economic data and Fed statements.



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