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US Stocks Pause As Traders Await Powell’s Speech: Analyst Warns Of Retest Of October Lows As Market, Economic Data Conspire Against Monetary Policy

Stocks look set for another nervous session on Tuesday as traders look ahead to comments from Fed Chair Jerome Powell and another batch of earnings reports. Cues From Monday’s Trading:

CVS

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S&P 500, Nasdaq Futures Search For Direction As Key Fed Rate Decision Awaited Today — AMD, Qualcomm And These Stocks In Focus

Trading in the U.S. index futures suggests a mixed start on Wednesday, although the Fed rate decision and the signals coming out from the central bank will ultimately decide which direction the market would take.

AMD