Finance
Stocks waver as FOMC meeting looms: Yahoo Finance
Markets (^DJI, ^IXIC, ^GSPC) are hovering around the flatline as investors await next week’s Federal Open Market Committee (FOMC) meeting. Markets have largely priced in a 25 basis point rate cut from the central bank. However, following recent Consumer Price Index (CPI) and Producer Price Index (PPI) data releases, the longer-term monetary policy outlook beyond December remains uncertain, particularly as markets prepare for the incoming Trump administration’s transition in January.
Key guests include:
3:10 p.m. ET Scott Devitt, Wedbush Securities “Managing Director, Equity Research”
3:30 p.m. ET Nancy Tengler, Laffer Tengler Investments CEO & CIO
3:40 p.m. ET Ken Mahoney, Mahoney Asset Management, CEO
4:05 p.m. ET Timothy Chubb, CIO “Girard, a Univest Wealth Division”
4:40 p.m. ET Joe Pompliano, Yahoo Finance, Sports Report Host