Modestly positive start for stocks as Fed rate decision awaited
2018-09-26 09:34:38
Stock futures drifted in early trading and closed slightly above fair value. The futures action led to a positive start for stocks. Trading may begin slowly as investors sit on the sidelines awaiting the Fed's rate decision, which is due out at 2:00 pm ET. A quarter point rate increase is expected but investors will be listening for commentary about the pace and timing of future rate hikes. In early trading, the Dow is up 28 points, the Nasdaq is up 19 points and the S&P is up 4 points.