Investors will continue to chew over the Fed's latest rate cut along with Broadcom earnings today after the S&P 500 closed just shy of a record high on Wednesday.
Stocks flattened ahead of what's widely expected to be a 25-basis-point rate cut this afternoon. Powell might sound hawkish with inflation still a concern. Oracle reports later.
The Fed is seen cutting rates by 25 basis points today. Focus then turns to Powell's thoughts, the dot plot of rate projections, and any dissents. Oracle reports after the close.
The Federal Reserve lowered its policy interest rate by 25 basis points, as widely expected. However, Fed Chairman Powell hinted at a pause ahead, and there were several dissents.
Stocks flattened ahead of what's widely expected to be a 25-basis point rate cut this afternoon. Powell might sound hawkish with inflation still a concern. Oracle reports later.
International stocks could be poised for another strong year in 2026 due to accelerating global growth, attractive valuations and the potential for dollar weakness.
Futures trading shows 90% odds of a Fed rate cut tomorrow. Yields rose again Monday, a possible headwind for stocks, while job openings data arrive after the open today.
We believe the macro environment will continue to be unstable given policy crosscurrents and a wobbly labor market, but stocks can likely churn higher given a firmer earnings backdrop.
Find Market Commentary content
Markets Digest Fed Cut, Broadcom Earnings On Deck
Today's Options Market Update
Fed Cut Seen, but Dissents, Powell, Dot Plot Eyed
Fed Cuts Rates for the Third Time This Year
Looking to the Futures
Fed Day Dawns with Rate Cut, Hawkish Tone Expected
2026 Outlook: International Stocks and Economy
Job Openings, 10-Year Auction Ahead as Fed Meets
2026 Outlook: U.S. Stocks and Economy