S&P Touches Intraday High Ahead of Fed Decision

Written By Timmy Adami

September 17, 2024

MRKT Matrix - Tuesday, September 17th

  • S&P 500 is little changed after touching record before key Fed decision (CNBC)

  • Bets on wild stock-market swings boom as traders face most uncertain Fed rate decision in recent memory (MarketWatch)

  • More stocks are participating to the upside, signaling a healthier market (CNBC)

  • Value-Stock ETFs Pull In Billions in Pre-Fed-Cut Rotation Bet (Bloomberg)

  • Microsoft Boosts Dividend, Authorizes Buyback of Up to $60 Billion (WSJ)

  • Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design (WSJ)

  • Novo Says Ozempic ‘Very Likely’ Target for Next US Price Cut (Bloomberg)

  • JPMorgan in Talks With Apple to Take Over Credit Card From Goldman (WSJ)

Timmy Adami
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