Market stalls ahead of Fed announcement

 

Stocks are mixed at mid-day Thursday ahead of the Federal Reserve announcement later today regarding the possibility of additional interest rate increases.

At present, the S&P 500 is down 0.13%, the DJIA is up 0.08%, and the NASDAQ is down 0.23%.

Industries doing well today include Building Products, Banks, and Multiline Retail. Industries showing weakness include Construction Materials, Household Durables, and Interactive Media & Services. The VIX is down 0.03 to 16.33 after the previous close of 16.36. The most heavily traded options this morning are for the iShares Russell 2000 Index (IWM), with 17,548 Nov 16 150 puts on the board. The total put/call ratio as of 10:00 AM was 0.97 (334,951/346,880). The advancers/decliners ratio for NYSE stocks is 1,409/1,482 while the advancers/decliners ratio for NASDAQ stocks is 1,378/1,598.

[InvestorsKeyhole, various news and data sources]

Symbols: IWM

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