Wallstreet-013013_16Sep14-lg.jpg After recovering from an initial move to the downside, stocks have moved mostly higher over the course of the trading day on Tuesday. The major average have all turned positive, with the Nasdaq and the S&P 500 bouncing off their worst levels in almost a month.
Stocks moved to the downside at the start of trading on Tuesday but have shown a notable rebound since then. The major averages have bounced well off their lows for the young session and are now lingering near the unchanged line.
Following the lackluster performance seen during the previous session, stocks may move to the downside in early trading on Tuesday. The major index futures are currently pointing to a moderately lower open for the markets, with the Dow futures down by 33 points.
Early indications suggest that Wall Street stocks may open lower on Tuesday as traders nervously await the FOMC decision due on Wednesday. The central bank's monetary policy committee meets later in the day for a 2-day meeting amid signals of strengthening economic recovery. Meanwhile, global cues are negative, with Asian stocks closing lower, while the European markets are also seeing weakness.


Stocks Close Mixed As Tech Weakness Weighs On Nasdaq - U.S. Commentary

Stocks largely turned in a lackluster performance during trading on Monday, as traders looked ahead to the Federal Reserve's monetary policy announcement later this week. Technology stocks saw significant weakness, however, resulting in a sharp drop by the tech-heavy Nasdaq.

Asian Markets End Lower Ahead Of Fed Meeting

The Asian markets retreated, unimpressed by the lackluster lead from Wall Street overnight. Additionally, fears concerning monetary policy normalization in the U.S. ahead of Wednesday's rate decision weighed down in the minds of traders.

Indian Stocks May Open Lower On Weak Global Cues

Indian stocks may open lower on Monday and trade in a range, tracking the muted cues from Wall Street and other Asian markets. Weak industrial output data released on Friday may also weigh on investor sentiment. In addition, investors are likely to remain cautious ahead of this week's U.S. Federal...

Dollar Stays Near Yearly Highs Ahead Of Fed

The dollar was little changed for a third day in a row Monday, as traders looked ahead to the Federal Reserve's monetary policy announcement later in the week. On Wednesday, the Fed is widely expected to announce a further reduction in the pace of its asset purchases, although traders are likely to...

Swiss Stocks Little Changed Before Fed, Scotland

Swiss stocks nudged a bit higher Tuesday, slightly outperforming other European markets ahead of a flurry of key developments. The Federal Reserve is out with its monetary policy announcement tomorrow, while Scotland will hold its referendum on separation from the U.K. the following day. The Swiss...

TSX Falls As Markets Await Federal Reserve Decision

Canadian stocks are lower Tuesday morning, with investors wary of making significant moves ahead of the U.S. Federal Reserve's monetary policy decision. Weakness in Asian and European markets, uncertainty about the near term outlook for the global economy on the back of recent disappointing data out...

Gold Steadies As All Eyes Turn To Fed

Gold futures are higher Tuesday morning as Federal Reserve officials gathered for a highly anticipated two-day meeting in Washington. Bullion has fallen this summer amid signs the Federal Reserve may start hiking rates sooner than anticipated, but uncertainty about the Fed's upcoming statement has...

Treasuries Move Modestly Higher Following Recent Weakness

Following the sell-off seen last Friday, treasuries showed a modest move back to the upside during trading on Monday. Bond prices moved higher in early trading and managed to remain in positive territory throughout the session.