Stocks Set to Open Higher as Investors Cautiously Await Fed Meeting
Published by
Barchart
Barchart
December S&P 500 futures (ESZ23)are up +0.12%, and December Nasdaq 100 E-Mini futures (NQZ23) are up +0.14% this morning as investors looked ahead to the Federal Reserve’s interest rate decision later this week. In Friday’s trading session, Wall Street’s major indexes closed sharply lower, with the benchmark S&P 500 and tech-heavy Nasdaq 100 notching 1-week lows. Adobe Systems Incorporated (ADBE) slid over -4% after the Photoshop software maker delivered a sales outlook that matched analysts’ projections but left investors disappointed, as they had anticipated that demand for the company’s art…