In ‘Nothing’ Mode
The market is in a “nothing” mode as traders and investors await the action from the Fed this afternoon. The Fed is widely expected to cut rates by 25 basis points.
S&Ps have continued in a very tight range, with a session high put in above 1145. The activity, however, has been very contained this morning.
An equally dull trade in Nasdaq futures, which has seen a very tight range and a session high around 1682. The
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