The Fed is expected to keep interest rates at a 23-year high Wednesday, but investors will be listening for any signs of how long they will have to wait before cuts can begin.
Big Tech companies have ramped up spending to compete on AI. They're compensating shareholders for the effort, too.
Rising Treasury yields are once again a headwind for stocks. Strategists don't see relief coming unless Fed Chair Jerome Powell is surprisingly dovish in his press conference on Wednesday.