Dow Jones Futures: Stock Market Erases Gains As Fed Rate Cut Looms; What To Expect

Blockhead09-18

Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The Federal Reserve interest-rate decision, rate-cut outlook and Fed chief Jerome Powell's press ...

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The Federal Reserve interest-rate decision, rate-cut outlook and Fed chief Jerome Powell's press ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-fed-rate-cut-looms-what-to-expect/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jones Futures: Stock Market Erases Gains As Fed Rate Cut Looms; What To Expect</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones Futures: Stock Market Erases Gains As Fed Rate Cut Looms; What To Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-18 05:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-fed-rate-cut-looms-what-to-expect/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The Federal Reserve interest-rate decision, rate-cut outlook and Fed chief Jerome Powell's press ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-fed-rate-cut-looms-what-to-expect/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SSO","symbol_name":"两倍做多标普500ETF","start_time":0,"source_url":"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-fed-rate-cut-looms-what-to-expect/","article_id":"2468249390","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/09/SMT-JeromePowell-091924-news-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468249390","pubTimestamp":1726607750,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"The stock market erased gains Tuesday with a Fed rate cut and Jerome Powell due. Tesla backed off from just below a buy point.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SSO":"两倍做多标普500ETF","SDS":"两倍做空标普500ETF","XME":"金属与采矿指数ETF-SPDR","JETS":"U.S. Global Jets ETF","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","SPXU":"三倍做空标普500ETF","SMH":"半导体指数ETF-HOLDRs",".SPX":"S&P 500 Index","OEX":"标普100","3NVD.UK":"LS 3X NVIDIA","DASH":"DoorDash, Inc.","SH":"标普500反向ETF","TSLA":"特斯拉","NVDA":"英伟达","XLE":"SPDR能源指数ETF","XLF":"金融ETF","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","ARKG":"ARK Genomic Revolution ETF","ARKK":"ARK Innovation ETF","IVV":"标普500指数ETF","XLI":"工业指数ETF-SPDR","WING":"Wingstop Inc.","IBKR":"盈透证券","RSP":"平均加权指数ETF-Rydex S&P","ANET":"Arista Networks, Inc.","VOO":"Vanguard标普500ETF","2NVD.UK":"2X NVIDIA ETP","FFTY":"Innovator IBD 50 ETF","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","XHB":"房屋建筑商指数ETF-SPDR","IGV":"北美软件ETF-iShares","L":"洛斯公司","XLV":"健康照护类股ETF-SPDR","FDN":"First Trust Dow Jones Internet I"},"translate_title":"道琼斯期货：美联储降息临近，股市抹去涨幅；期待什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US7Y.BOND":1,"RSP":1,"US10Y.BOND":1,"US12M.BOND":1,"US2Y.BOND":1,"US30Y.BOND":1,"US3Y.BOND":1,"US5Y.BOND":1,"US6M.BOND":1,"SMH":1,"WING":1,"XHB":1,"XLE":1,"XLF":1,"XLI":1,"XLV":1,"XME":1,"FFTY":1,"ANET":1,"ARKG":1,"ARKK":1,"DASH":1,"IBKR":1,"NVDA":1,"IGV":1,"JETS":1,"VOO":0.9,"FDN":0.9,"SPY":0.9,"TSLA":0.8,"US912797HE00.BOND":0.6,"EVS.SI":0.6,"US912797GW17.BOND":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6,"ESmain":0.6,"IVV":0.6,"SSO":0.6,"SPXU":0.6,".SPX":0.6,"SH":0.6,"SDS":0.6,"L":0.6,"OEX":0.6,"OEF":0.6},"content_text":"Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. The Federal Reserve interest-rate decision, rate-cut outlook and Fed chief Jerome Powell's press conference loom Wednesday.\nThe stock market rally started off Tuesday solidly, with the S&P 500 joining the Dow Jones in new high ground. But the key indexes pulled back to finish mixed as investors turned cautious ahead of the Fed rate-cut announcement.\n\n\n\n↑\nX\n\n\n\n\nInterest Rate Cuts Coming: Implications For Investors Ahead Of The September Fed Meeting\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nInterest Rate Cuts Coming: Implications For Investors Ahead Of The September Fed Meeting\n\n\n\n\nNvidia (NVDA) hit resistance around key levels. Tesla (TSLA) came close to flashing an aggressive entry before slashing gains.\nArista Networks (ANET), Wingstop (WING) and Interactive Brokers (IBKR) are in buy areas.\nInvestors should be looking for setups and buying opportunities, though probably waiting for the Fed news and market reaction.\nNvidia stock is on IBD Leaderboard, with Wingstop stock on the Leaderboard watchlist. Interactive Brokers stock is on SwingTrader. Nvidia, Wingstop, Interactive Brokers and Arista stock are on the IBD 50.\nThe video embedded in the article discusses Tuesday's market action and the upcoming Fed rate decision, while also analyzing Interactive Brokers, Wingstop and DoorDash (DASH).\nDow Jones Futures Today\nDow Jones futures edged higher vs. fair value. S&P 500 futures and Nasdaq 100 futures were little changed.\nRemember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.\nFed Meeting: How Much Will Powell Cut Rates?\nThe Federal Reserve will release its official statement at 2 p.m. ET on Wednesday. The Fed is a lock to cut rates for the first time since the Covid crisis, but markets have been split over whether the first move will be 25 basis points or 50. Over the past few days, the odds have shifted toward a larger Fed rate cut, with a 63% chance of 50 basis points.\nA small Fed rate cut could disappoint markets and raise concerns that policymakers are behind the curve.\nInvestors also will look for clues about the Fed rate-cut outlook. Markets have almost fully priced in 100 basis points of cuts by year-end, with a 59% chance of 125 basis points.\nAlong with the Fed meeting announcement, the central bank at 2 p.m. will release an updated \"dot plot\" indicating where individual policymakers think rates are headed, along with economic projections.\nMeanwhile, Fed chief Jerome Powell will speak at 2:30 p.m. ET.\n\nJoin IBD experts as they analyze leading stocks and the market on IBD Live\n\nStock Market Rally\nThe stock market rally started off Tuesday strong but faded, with the major indexes finishing narrowly mixed.\nThe Dow Jones Industrial Average lost a fraction in Tuesday's stock market trading while the S&P 500 index edged higher after both hit all-time highs in the morning. The Nasdaq composite climbed 0.2% after rising nearly 1.1% at the morning high. The small-cap Russell 2000 advanced 0.7%, its fifth straight gain but near session lows.\n\nThe Invesco S&P 500 Equal Weight ETF (RSP) rose 0.15%, hitting a new all-time high Tuesday morning\nThe indexes and many leading stocks slashing or erasing solid gains was disappointing. But it follows a strong advance over the past week. Markets turning skittish with the Fed rate-cut decision on tap isn't that surprising.\nU.S. crude oil prices rose 1.6% to $71.19 a barrel.\nThe 10-year Treasury yield climbed 2 basis points to 3.64%.\nETFs\nAmong growth ETFs, the Innovator IBD 50 ETF (FFTY) rose 0.6%. The iShares Expanded Tech-Software Sector ETF (IGV) fell 0.45%. The VanEck Vectors Semiconductor ETF (SMH) lost a fraction. Nvidia stock is the No. 1 holding in SMH.\nReflecting stocks with more speculative stories, the ARK Innovation ETF (ARKK) gained 0.8%, and ARK Genomics (ARKG) advanced 0.9%. Tesla stock is a major holding across ARK Invest's ETFs. Cathie Wood also has built up a big stake in NVDA stock in recent months.\nThe SPDR S&P Metals & Mining ETF (XME) edged up 0.1%. U.S. Global Jets (JETS) ascended 1.8%. SPDR S&P Homebuilders (XHB) stepped up 1.2%. The Energy Select SPDR ETF (XLE) bounced 1.35% while the Health Care Select Sector SPDR Fund (XLV) fell 1%.\nThe Industrial Select Sector SPDR Fund (XLI) increased 0.55%. The Financial Select SPDR ETF (XLF) rose 0.5%.\n\nTime The Market With IBD's ETF Market Strategy\n\nTesla Stock\nTesla stock nudged 0.5% higher Tuesday to 227.87 after bouncing off its 50-day line Monday. Shares came off intraday highs of 234.57, just below an aggressive entry of 235. TSLA stock has a 271 consolidation buy point, according to MarketSurge.\nTesla has a busy October ahead, with third-quarter deliveries (likely on Oct. 2), the robotaxi event on Oct. 10, and Q3 earnings on Oct. 16. Meanwhile, China EV maker Nio (NIO) will formally launch its Onvo L60 crossover on Sept. 19. The Model Y rival is getting lot of buzz.\nNvidia Stock\nNvidia stock fell 1% to 115.59 , reversing lower after briefly retaking its 50-day line. NVDA stock closed just below its 21-day line. It has a 131.26 buy point from an ungainly handle. Investors could use last week's high of 120.79 as an aggressive entry.\nStocks In Buy Zones\nArista Networks stock gained 0.5% to 360.95 on Tuesday, holding above a 358.68 buy point from a hard-to-spot handle. ANET stock came off intraday highs of 368.14.\nInteractive Brokers stock gained 1.9% to 416.66, closing above a 128.98 handle buy point. IBKR stock has risen for five straight sessions, starting with a rebound of the 50-day line.\nWingstop stock rose 1.9% to 416.66, clearing a 409.77 entry from a handle that's fractionally too low to be proper. The official WING stock buy point is 431.03.\n\nHow To Invest: When To Buy And Sell Stocks In Bull And Bear Markets\n\nWhat To Do Now\nDespite Tuesday's fizzle, the stock market rally has been acting well heading into the Fed rate decision.\nWhether the Fed cuts rates by 25 or 50 basis points, what matters is how markets respond. That may not be clear right away.\nFinancial markets are likely to whipsaw Wednesday afternoon after the Fed rate cut, \"dot plot\" and Powell's comments. The volatility could continue on Thursday or even Friday, as investors continue to chew over the implications.\nThat makes it difficult to make bold moves right after a Fed meeting. But if market reaction appears favorable, investors can take advantage of more stocks flashing buy signals.\nA variety of sectors are acting well, so watchlists should be expanding.\nRead The Big Picture every day to stay in sync with the market direction and leading stocks and sectors.\nPlease follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.\nYOU MAY ALSO LIKE:\nWhy This IBD Tool Simplifies The Search For Top Stocks\nWant To Get Quick Profits And Avoid Big Losses? Try SwingTrader\nBest Growth Stocks To Buy And Watch\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today\nTesla Vs. 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