Major indices are mixed or flat in Tuesday morning trading as the Federal Reserve begins its two day meeting, to be capped by announcements at 2:00 PM on Wednesday. Hurricane Maria is a powerful category 5 hurricane, but current forecasts suggest that it will likely miss the continental US. West Texas Intermediate crude oil is now trading back over $50 per barrel.
Here are your Tuesday morning market metrics. Industries doing well today include leisure products, healthcare technology, and independent power. Industries showing weakness include construction materials, containers & packaging, and food products. The VIX is down 0.8% to 10.11 after closing on Monday at 10.15. The most heavily traded options this morning are for the iShares MSCI Emerging Markets ETF (EEM), with 13,300 September-29 46.50 calls on the board. The total put/call ratio as of 10:00 AM was 0.89 (275,906/246,052). The advancers/decliners ratio for NYSE stocks is 1,493/1,224, while the advancers/decliners ratio for NASDAQ stocks is 1,343/1,242.