Dow Hits Record High Ahead of Fed Meeting

Written By Timmy Adami

September 16, 2024

MRKT Matrix - Monday, September 16th

  • S&P 500 is flat ahead of Fed meeting, Dow touches new record high (CNBC)

  • Equity Option Traders Play Defense With Fed Rate Cut on Deck (Bloomberg)

  • BlackRock’s Rick Rieder says a golden age for fixed income begins this week with the Fed rate cut (CNBC)

  • Apple shares slide as analysts highlight sluggish iPhone 16 demand (CNBC)

  • Google’s Breakup Is Starting to Get Priced In (WSJ)

  • Intel Solidifies $3.5 Billion Deal to Make Chips for Military (Bloomberg)

  • Schwab Expects Revenue to Rebound After Slump Earlier This Year (Bloomberg)

  • ByteDance Steps Up AI Chip Efforts (The Information)

  • TikTok faces tough questions from court over challenge to US law (Reuters)

Timmy Adami
Previous

S&P Touches Intraday High Ahead of Fed Decision
Next

Stocks Post Best Week of the Year