SPY QQQ Stocks opened higher, sold off, and has since rebounded in early choppy action back to flat for the S&P 500 - all ahead the majority
SPY QQQ Stocks opened higher, sold off, and has since rebounded in early choppy action back to flat for the S&P 500 - all ahead the majority of key events this week, which start this Wednesday at 2:00 PM et. -- Starting 2:00 PM et on Wednesday, the FOMC holds its interest rate policy meeting (low chance of rate hike as market generally expects to hold rates). The recent spike in oil prices has made the July Fed decision a closer call in recent days. --Then earnings from META, MSFT Wednesday night --July Core PCE inflation and Q2 GDP print on Thursday morning at 8:30 am et --AAPL, AMZN earnings on Thursday night to round out the week (where 1/3 of the SPX are expected to report).
SPY QQQ Stocks opened higher, sold off, and has since rebounded in early choppy action back to flat for the S&P 500 - all ahead the majority of key events this week, which start this Wednesday at 2:00 PM et. -- Starting 2:00 PM et on Wednesday, the FOMC holds its interest rate policy meeting (low chance of rate hike as market generally expects to hold rates).
The recent spike in oil prices has made the July Fed decision a closer call in recent days. --Then earnings from META, MSFT Wednesday night --July Core PCE inflation and Q2 GDP print on Thursday morning at 8:30 am et --AAPL, AMZN earnings on Thursday night to round out the week (where 1/3 of the SPX are expected to report).