Dow futures are up around 205 points this morning
| 9/22/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Stock Futures Pointed Higher as Fed Meeting Looms | By: Jacob Scott | Stock futures are higher Wednesday morning, as investors try to shake the September slump ahead of the Federal Reserve's monetary policy decision. The central bank will conclude its two-day meeting later today, with an economic and interest rate forecast followed by Chairman Jerome Powell's press conference. Meanwhile, Wall Street is keeping a close eye on China's Evergrande default crisis, though the real estate giant has pledged to pay interest on time. At last check, futures on the Dow Jones Industrial Average (DJI) are up roughly 205 points, while S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also well above breakeven. Continue reading for more on today's market, including: - Schaeffer's Senior Quantitative Analyst Rocky White breaks down the validity of "Turnaround Tuesday."
- Jabil's pre-earnings C-suite shakeup and new initiative.
- Plus, FedEx's earnings whiff; General Mills' beat-and-raise; and an e-tailer set to surge.
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