Investors' main focus this week will be on the Federal Reserve's September monetary policy meeting, which will set the stage for more debate around the timing of tapering and the outlook for the economy. Other economic data out this week will focus on the housing sector.
(Bloomberg) -- Stocks and U.S. futures fell Monday as sentiment deteriorated due to the China Evergrande Group debt crisis and a looming Federal Reserve meeting that’s expected to hint at moving toward tapering stimulus.Shares fell in Australia and Hong Kong, while Japan and China are among key markets closed for holidays. U.S. futures were in the red after the S&P 500 slid the most in a month, a test for the psychology of buying the dip as the gauge jabs at its 50-day moving average. The dollar
With the S&P 500 just below its 50-day, the market rally is at a turning point with a key Fed meeting on tap. What should investors do now?