Wall Street Stays Quiet Ahead of Fed Meeting

Black gold prices rose for a third-straight session

Deputy Editor
Sep 18, 2023 at 4:26 PM
facebook X logo linkedin


Wall Street failed to find its footing today, closing relatively muted as investors continued to bet on how the Federal Reserve will navigate its interest rate decision this week. The Dow, S&P 500, and Nasdaq all settled just above breakeven.

Continue reading for more on today's market, including:

  • Don't sweat this energy stock pullback.
  • Analyst says "buy" this food delivery stock.
  • Plus, September's spectacles; PayPal's c-suite news; and Darden Restaurants' earnings.

closing summary sep18

nyse nasdaq sep18

5 Things to Know Today

  1. Officials in New York are cracking down on unlicensed smoke shops selling marijuana as the legal marketplace struggles. (CNBC)
  2. Ukraine said it will sue Poland, Hungary, and Slovakia amid bans on Ukrainian agricultural products. (Reuters)
  3. Multiple layers to watch this month.
  4. Behind PayPal stock's bear note.
  5. Olive Garden parent preps for earnings.

There were no earnings of note today.

UVOL Sep18

Crude Prices Extend Winning Streak

The price of oil jumped for the third-straight day Monday, settling at a new 2023 high. Investors seem to have placed wagers on tighter global crude supplies, as they await another interest rate decision from the Fed. Crude for October delivery added 71 cents, or 0.8%, to settle at $91.48 per barrel for the day.

Gold prices settled at their highest mark in more than two weeks thanks to a weakening greenback. December-dated gold gained $7.20, or less than 0.4%, to settle at $1,953.40 an ounce for the day.

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI