Investors Await Fed Decision Amid Mixed Market Sentiment.
TL;DR Summary
S&P 500 futures traded near flat ahead of the Federal Reserve's policy decision and Chair Jerome Powell's remarks to the media. Markets are expecting the central bank to keep rates at the current target of 5% to 5.25%. Economists warn that weakness in China's property market could be a drag on the economy for years to come. A slate of exchange-traded funds hit 52-week highs, including tech names and homebuilders. Logitech shares fell after the company announced its CEO was leaving.
- S&P 500 futures are little changed as Wall Street counts down to Fed decision: Live updates CNBC
- Options Action: Broad market sentiment mixed ahead of Fed decision CNBC Television
- Dow Jones Futures: Nasdaq Looks Extended As Fed Decision Looms; What Investors Need Now | Investor's Business Daily Investor's Business Daily
- Stock-Market Bulls See Room to Run The Wall Street Journal
- NASDAQ 100, Dow Jones, S&P 500: Investors Eye May CPI Report for Clues on Interest Rate Hikes FX Empire
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