| 🔔 Before the Bell: This week, traders are preparing for the Federal Reserve’s interest rate decision on Wednesday, with markets broadly expecting a 25 basis point cut - the first this year. Attention will also be on Chair Jerome Powell’s remarks, which could influence rate expectations into year-end. On the data front, August retail sales (forecast around +0.2% MoM) arrive Tuesday, followed by housing starts on Wednesday and weekly jobless claims Thursday, after recent labor reports showed slowing job growth and rising layoffs.
Tech investors will watch Meta’s developer conference on Wednesday, while crypto markets await Bullish’s first earnings as a public company. After last week’s gains in the Dow (+0.3%), S&P 500 (+0.2%), and Nasdaq (+0.3%), volatility may increase as these catalysts unfold. Market News in 3 Min >> |