Wall Street Preview: Investors Look to the Federal Reserve
U.S. stock futures moved flat to slightly lower on Wednesday, Sept. 20, following another day of record highs for Wall Street and as investors awaited monetary policy decisions from the Federal Reserve. The Dow Jones Industrial Average gained 0.18% on Tuesday, Sept. 19, securing a new record close for the sixth session in a row. The S&P 500 added 0.11% and ended at an all-time high for the third day. The Nasdaq hit its own record for the first time since Sept. 13.
The gains came even after Donald Trump beat the drum for nationalism in an address to the U.N. General Assembly on Tuesday, telling leaders that he would "always put America first." He also said that now is a time of "immense promise and great peril." On North Korea, Trump said he would "destroy" the country if the U.S. was forced to act.
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