Stocks Are on a Roll—The Fed’s Meeting Might Just Flip the Script
U.S. futures nudged up today, riding the wave of bullish momentum that’s kept rolling for the last seven weeks. The market’s confidence has even pushed past its yearly highs, proving the drama doesn’t stop anytime soon.
The Fed’s Upcoming Meeting: Will It Take the Market by Surprise?
While optimism has been a steady companion, the Federal Reserve’s meeting this week could be the first real test. Inflation drummed on, stubbornly holding at high levels after yesterday’s data release, so the Fed could temper hopes for an early rate cut. Traders? They’re eyeing the dot plot like savvy detectives, hunting clues for the next monetary move.
S&P 500 Sector Snapshot: Mostly Good, Except Energy
- Energy: Tumble as oil prices keep sliding since the end of September.
- All other sectors: Steady gains since the October low.
Tech’s Quick Peek: Adobe’s Earnings Could Offer A Glimmer
Even though the tech scene may not feel the Fed’s brush strokes, Adobe’s earnings release after the market close could give traders a minor spotlight on industry health—just enough to keep the conversation alive.
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