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Stock Market Today: Dow trims gain after Fed cuts rates, signals fewer cut going forward


Published on 2024-12-18 18:01:09 - MarketWatch
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  • The Cboe Volatility Index, which trades under the ticker symbol VIX, was down 4% at slightly more than 15, according to FactSet data, at last check. The VIX was trading slightly below its 200-day moving average, based on FactSet data around midday Wednesday.

The article from MarketWatch discusses the anticipation surrounding the Federal Reserve's final interest rate decision of the year. Investors and market analysts are particularly focused on whether the Fed will signal a pause in rate hikes or hint at further increases to combat inflation. The Dow Jones Industrial Average futures rose slightly, reflecting cautious optimism. Key points include expectations for the Fed's economic projections, the "dot plot" which indicates future rate expectations, and comments from Fed Chair Jerome Powell. There's also mention of recent economic data, including a strong jobs report and persistent inflation concerns, which could influence the Fed's decision. Additionally, the market is reacting to broader economic indicators like consumer spending, manufacturing data, and geopolitical tensions that could affect global markets.

Read the Full MarketWatch Article at:
[ https://www.marketwatch.com/livecoverage/stock-market-today-dow-futures-rise-ahead-of-final-rate-decision-and-economic-forecast-of-the-year ]