The Fed's next policy decision will come out in a few hours
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| | 3/20/2019 | |
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Stocks Dip; FedEx Drags Down S&P | By Josh Selway | | U.S. stocks are trading modestly lower ahead of this afternoon's Fed decision. The Dow Jones Industrial Average (DJI), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) are all in the red, with the latter index dragged down by a poor earnings reaction for FedEx (FDX). On top of a 2:30 p.m. ET press conference from Fed Chair Jerome Powell, where traders will consider the central bank's view of the economy, Wall Street is also likely exercising caution due to recent reports on U.S.-China trade talks. Continue reading for more on today's market, including: | >> Continue reading... | |
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