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Monday Market Climbs, Sluggish Before FOMC Decision

Moomoo News ·  Sep 16 10:23

The market climbed Monday morning after another politically charged weekend where the Secret Service foiled an alleged gunman from taking shots at Former President Trump at a Florida Golf Course Sunday. All eyes are looking toward the Wednesday FOMC Monetary Policy meeting, where the Treasury Futures market expects rate cuts, according to the CME FedWatch tool.

Just past 10:18 am ET the    $S&P 500 Index (.SPX.US)$ +0.08%, the       $Dow Jones Industrial Average (.DJI.US)$ climbed 0.60%, and the    $Nasdaq Composite Index (.IXIC.US)$ fell 0.43%.

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Traders, what are you watching on the stock market today? What is the herd following? Let me know in the comments below!

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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