Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
Why the Dow Jones Today Could Slip After the Fed Meeting
https://mney.co/2HJLfid
Required Please enter the correct value.
Twitter
Stocks: BAYRY, FB, FDX, GES, GIS

Why the Dow Jones Today Could Slip After the Fed Meeting

By Garrett Baldwin, Executive Producer, Money Morning • March 20, 2019

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

Garrett BaldwinGarrett Baldwin

The Dow Jones today will slump ahead of the conclusion of the March FOMC meeting.

The U.S. Federal Reserve isn't set to raise rates this month - in fact, there have been talks of cutting them - but investors are more concerned with the central bank's balance sheet. The Fed has roughly $4 trillion worth of assets to unload, and the speed and timing of its sell-off could rattle markets.

Read further for more on how this, Brexit tension, and other factors will move the Dow Jones Industrial Average.

Here are the numbers from Tuesday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change
Dow Jones 25,887.38 -26.72 -0.10%
S&P 500 2,832.57 -0.37 -0.01%
Nasdaq 7,723.95 +9.47 +0.12%

Now, here's a closer look at today's Money Morning insight, the most important market events, and stocks to watch.

The Top Stock Market Stories for Wednesday

  • Shares of FedEx Corp. (NYSE: FDX) plunged 5.6% this morning and led the Dow lower. Tuesday afternoon, the global shipping giant fell short of earnings expectations. The firm warned that declining revenue from foreign markets is weighing on its bottom line and raised concerns about exchange rates and global growth in its forward guidance. CFO Alan Graf said in the company's quarterly report that "slowing international macroeconomic conditions and weaker global trade growth trends continue, as seen in the year-over-year decline in our FedEx Express international revenue."

  • Today, the Federal Reserve will kick off its two-day meeting on monetary policy and interest rates. Although the March FOMC meeting is highly unlikely to produce an interest rate jump, investors are focused on the central bank's plans for its massive balance sheet. The question is whether the bank will aim to tighten its enormous balance sheet or allow this mechanism to go untouched with concerns about the U.S. and global economies accelerating. Narayana Kocherlakota, former president of the Minneapolis Federal Reserve Bank, argues that the central bank should actually cut interest rates this month to address expected weakness in the future.

Can't-Miss Opportunity: Renowned Author of Best-Selling Investment "Bible" Just Released His Newest Pick

  • This morning, United Kingdom Prime Minister Theresa May asked leaders of the European Union for more time before her country's departure from the world's largest economic trade bloc. Keep in mind; it has now been 1,000 days since UK citizens voted to depart the EU; however, the British government is still no closer to a resolution than it was the day after the Brexit vote. Currently, the UK is set to depart the EU on March 29. All 27 EU nations must agree on any resolution, placing huge pressure on the Prime Minister ahead of her trip to Brussels, Belgium this week. Last week, British lawmakers rejected May's Withdraw Agreement for the second time, despite supporting an extension to Article 50 - which authorizes the Brexit.

Stocks to Watch Today: FB, BAYRY

  • Facebook Inc. (NASDAQ: FB) is facing renewed antitrust scrutiny in Europe. This morning, the European Commission hit Google with a fine of $1.69 billion for stifling competitors' advertising networks. The EU said it required publishers to engage in exclusive contracts that prevented rivals' search results from popping up in Google's search results. The accompanying complaint states that Google prevents its rivals from being able to "compete and innovate fairly" in the European online ad market.
  • Shares of Bayer AG (OTCMKTS: BAYRY), the owner of Monsanto, slumped more than 8% as the company's legal worries mounted. A jury concluded that Roundup, the most used herbicide in the world, was likely the cause of a California man's cancer. This lawsuit could lead to thousands of other lawsuits.
  • Today, look for more earnings reports from General Mills Inc. (NYSE: GIS), Guess? Inc. (NYSE: GES), Micron Technology Inc. (NASDAQ: MU), and Williams-Sonoma Inc. (NYSE: WSM).

The Ultimate Way to Potentially Secure Big, Consistent Gains in Today's Market

This man's track record of over 217 double- and triple-digit winners in just five years proves that by using this simple investing method, you're likely to see huge upside potential - even in today's shaky market environment. That's because this methodology gives him a chance to find only well-positioned stocks that are poised to go up everywhere - at any time. Learn how to use this method for yourself now.

Follow Money Morning on Facebook and Twitter.

Join the conversation. Click here to jump to comments…

Garrett BaldwinGarrett Baldwin

About the Author

Browse Garrett's articles | View Garrett's research services

Garrett Baldwin is a globally recognized research economist, financial writer, consultant, and political risk analyst with decades of trading experience and degrees in economics, cybersecurity, and business from Johns Hopkins, Purdue, Indiana University, and Northwestern.

… Read full bio

Login
guest
guest
0 Comments
Inline Feedbacks
View all comments
LIVE
Visit Money Morning Live


Latest News

March 30, 2023 • By Chris Johnson

The Market's Treacherous Undercurrents: What Lies Beneath the Rally

March 30, 2023 • By Mark Sebastian

Millions in Put Options Make a Bullish Case for Activision

March 30, 2023 • By Shah Gilani

earnings
The Best Real Estate Stocks to Buy and Sell Right Now
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Flashpoint Trader Darknet Hyper Momentum Trader Alpha Accelerators Weekly Profit Cycles Brutus Alerts

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz