Stock market today: S&P, Dow mostly flat as world awaits Fed decision

Published On Sep 17, 2024, 3:15 PM

Stock markets are showing little movement as investors await a significant policy decision from the Federal Reserve which is expected to include an interest rate cut. Key indices like the Dow and S&P 500 are fluctuating around flat, but the Nasdaq is slightly up. Market sentiment is divided over whether the Fed will implement a 0.5% or a 0.25% rate cut, with increasing confidence that the economy may achieve a 'soft landing' without a serious recession. Additionally, retail sales data exceeded expectations, further complicating the Fed's decision-making process.