Investors expect the US Federal Reserve to cut interest rates at its meeting on Wednesday. But the big question is, how much will it be reduced, whether it’s 25 basis points or 50 basis points? As Wall Street awaits a decision, the S&P 500 (^GSPC) has resumed trading near all-time highs.
TikTok’s parent company ByteDance plans to argue in a Washington, D.C., court that laws forcing Chinese companies to sell American assets are unconstitutional. The so-called “TikTok ban” states that ByteDance must sell TikTok in the United States by January 19th or it will be banned there.
Yahoo Finance’s trend tickers include Intel (INTC), Apple (AAPL), and Trump Media & Technology Group (DJT, DJTWW).
The main guests are:
9:05 a.m. ET – Matthew Ruzzetti (Deutsche Bank U.S. Chief Economist) and Claudia Sahm (Chief Economist at New Century Advisors and former Federal Reserve Economist)
9:45 a.m. ET – Arun Sundaram, CFRA Research Senior Equity Research Analyst
10:05am ET – Nicole Inui, HSBC Head of Americas Equity Strategy
10:15 a.m. ET – Greg Daco, EY Chief Economist
11:15am ET – Rich Compson, Head of Wealth Management Solutions, Fidelity Investments
