U.S. Markets Await Fed Decision - Adviser Investments

U.S. Markets Await Fed Decision

Ryan Christensen, account executive at Adviser Investments, has the market analysis for Tuesday, December 18. Major U.S. stock indexes closed the day with slight gains: The Dow Jones Industrial Average and NASDAQ advanced 0.4% and the S&P 500 rose fractionally. Meanwhile, investors remain focused on the Federal Reserve’s highly anticipated statement and related projections as well as Fed Chair Jerome Powell’s remarks tomorrow afternoon. Despite recent market volatility, the Fed is still expected to raise interest rates an additional 0.25% on Wednesday; however, an additional rate hike in early 2019 is less probable.

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