The stock market climbs ahead of this week’s Fed meeting – ETF Daily News

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The SPDR S&P Bank ETF (NYSEArca: KBE) is higher by more than 20% this year, but ahead of today’s Federal Reserve meeting, the ETF had not gotten much attention from investors in a couple of months.

A blizzard on the U.S. eastern seaboard made for quieter trading in U.S. stock and financial markets Tuesday. President Trump cancelled a meeting with German. 1,200.00 and then at last week’s low.

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Next week’s Federal Reserve meeting may also keep some traders on the sidelines amid a quiet day on the U.S. economic front.. Stock News / Stocks May Lack Direction Ahead Of Next Week’s Fed.

6 days ago. European equities climbed on Thursday ahead of a ECB meeting, while U.S.. Broadly positive earnings reports have buoyed stocks so far this week, though Asia saw some. "When you think about the Fed and the pivot and just seeing interest rates go. Get exclusive IBD analysis and action news daily.

Yet as I’ll demonstrate here, the Fed’s decision to leave interest rates steady is actually helping to pave the way for higher stock. market is looking a little ragged around the edges as the.

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U.S. stocks finished the week in strong fashion as market participants seemingly had a dovish take on Fed Chairman Jerome Powell’s Jackson Hole speech and as business spending reportedly rose for the fourth-straight month. Treasury yields ticked to the downside, gold and crude oil prices advanced and the U.S. dollar declined.

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