U.S. Stocks Set to Extend the Trump Rally. Now the Fed’s In the Hot Seat.

  • November 7, 2024

Will the Federal Reserve pour cold water on the rally? The Fed’s monetary-policy meeting ends on Thursday and while its decision is not in doubt, the market will be watching carefully for whether the central bank introduces any note of caution into its rate-cutting plans after Trump’s win. Dow Jones Industrial Average futures were up 37 points, or 0.1%.