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U.S. Stocks May Lack Direction As Fed Announcement Looms

With traders looking ahead to the Federal Reserve's monetary policy announcement, stocks may turn in a lackluster performance in early trading on Monday. The major index futures are currently pointing to a mixed open, with the S&P 500 futures up by 0.3 percent but the Nasdaq futures down by 0.2 percent.

Traders may be reluctant to make significant moves ahead of the Fed's likely increase in interest rates on Wednesday.

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by RTTNews Staff Writer

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