Investors face a full plate today, mulling the Fed pause along with strong Microsoft and weak Alphabet results. The PCE and GDP reports are due early today, with Amazon later.
The Federal Reserve decided to wait for more data rather than raise rates at its October meeting. Two policymakers dissented, favoring a rate hike of a quarter percentage point.
AI-related stocks built on their rally early as investors warily watched rising oil and awaited today's Fed decision. Earnings from Microsoft and Alphabet come after the close.
A key day of the quarter is here as the Fed decides on rates and investors await Microsoft and Alphabet results after the close, focused on cloud growth. No rate hike is expected.
A look at the latest developments in Washington, including what to watch in the midterms, Social Security's cost-of-living adjustment, and companies saying no to tokenized shares.
As the Fed begins its two-day meeting, earnings start pouring in as one-third of S&P 500 firms report this week. Boeing, Visa, and Corning go today, and new home sales data is due.
Inflation came in hot for the month of September. Normally, that would likely indicate a rate hike, but the market isn't anticipating one. Kevin Gordon examines in the Week Ahead.
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