{"id":48578,"date":"2024-12-17T15:28:33","date_gmt":"2024-12-17T15:28:33","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/"},"modified":"2024-12-17T15:28:33","modified_gmt":"2024-12-17T15:28:33","slug":"market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/","title":{"rendered":"Market Pulse: Stock Market Today, December 17, 2024 &#8211; Indexes Dip as Fed Meeting Begins"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/#Major_Indexes_Retreat_as_Investors_Await_Fed_Decision\" >Major Indexes Retreat as Investors Await Fed Decision<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/#Why_is_the_Market_Down_Today\" >Why is the Market Down Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/#Key_Market_Movers_and_Stock_News\" >Key Market Movers and Stock News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/#Upcoming_Market_Events_to_Watch\" >Upcoming Market Events to Watch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/#Market_Outlook_and_Expert_Opinions\" >Market Outlook and Expert Opinions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/#Year-to-Date_Performance\" >Year-to-Date Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-pulse-stock-market-today-december-17-2024-indexes-dip-as-fed-meeting-begins\/48578\/#What_This_Means_for_Investors\" >What This Means for Investors<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Major_Indexes_Retreat_as_Investors_Await_Fed_Decision\"><\/span>Major Indexes Retreat as Investors Await Fed Decision<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <a href=\"https:\/\/stockmarketwatch.com\/live\/stock-market-today\" data-internallinksmanager029f6b8e52c=\"6\" title=\"Stock Market Today\">stock market today<\/a>, Tuesday, December 17, 2024, opened lower as investors brace for the Federal Reserve&#8217;s highly anticipated policy meeting. The <b><a href=\"https:\/\/stockmarketwatch.com\/markets\/dowjones\/today.aspx\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/b> (^DJI) fell 0.6% in early trading, extending its losing streak to a ninth consecutive session. The <b><a href=\"https:\/\/stockmarketwatch.com\/markets\/sp500\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a><\/b> (^GSPC) and <b>Nasdaq Composite<\/b> (^IXIC) both dipped 0.4%, pulling back from recent highs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_is_the_Market_Down_Today\"><\/span>Why is the Market Down Today?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The market&#8217;s cautious stance can be attributed to several factors:<\/p>\n<p>1. <b>Fed Meeting Kickoff<\/b>: The Federal Reserve begins its two-day policy meeting today, with investors eagerly awaiting the central bank&#8217;s decision on interest rates.<\/p>\n<p>2. <b>Rate Cut Expectations<\/b>: While a 25 basis point rate cut is widely anticipated, market participants are focusing on potential clues about the Fed&#8217;s future policy path.<\/p>\n<p>3. <b>Tech Stock Volatility<\/b>: Recent fluctuations in high-profile tech stocks have added uncertainty to the market.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Market_Movers_and_Stock_News\"><\/span>Key Market Movers and Stock News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several major stocks are making headlines today:<\/p>\n<p>1. <b>Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>)<\/b>: Shares surged 4% amid optimism about the company&#8217;s prospects under a potential second <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> administration.<\/p>\n<p>2. <b>Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>)<\/b>: The AI darling fell 3%, extending its recent slide into correction territory.<\/p>\n<p>3. <b>Broadcom (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AVGO\">AVGO<\/a>)<\/b>: After reaching a $1 trillion market cap, the chipmaker&#8217;s stock retreated 5%.<\/p>\n<p>4. <b>Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>), Microsoft (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MSFT\">MSFT<\/a>), Alphabet (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GOOGL\">GOOGL<\/a>), and Meta Platforms (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=META\">META<\/a>)<\/b>: These tech giants showed resilience, posting modest gains in early trading.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events_to_Watch\"><\/span>Upcoming Market Events to Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors should keep an eye on these key events:<\/p>\n<p>1. <b>Federal Reserve Policy Decision<\/b>: Expected on Wednesday, December 18, with a press conference by Chair Jerome Powell.<\/p>\n<p>2. <b>Economic Data Releases<\/b>: <br \/>   &#8211; Tuesday: Retail sales data<br \/>   &#8211; Wednesday: Housing starts<br \/>   &#8211; Friday: Personal Consumption Expenditures (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PCE\">PCE<\/a>) inflation gauge<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook_and_Expert_Opinions\"><\/span>Market Outlook and Expert Opinions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite recent volatility, many experts remain cautiously optimistic about the market&#8217;s trajectory:<\/p>\n<p>1. <b>Talley Leger, Wealth Consulting Group<\/b>: &#8220;I would love to see a meaningful pullback in equities. We could get a little bit of turbulence in 2025.&#8221;<\/p>\n<p>2. <b>David Laut, Abound Financial<\/b>: &#8220;Why not take some money off the table, move down the multiples spectrum?&#8221;<\/p>\n<p>3. <b>George Cipolloni, Penn Mutual Asset Management<\/b>: &#8220;The market wants easing, it wants cuts, but the fly in the ointment for everything is going to be yields.&#8221;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Year-to-Date_Performance\"><\/span>Year-to-Date Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite recent fluctuations, major indexes have posted impressive gains in 2024:<\/p>\n<p>&#8211; Dow Jones Industrial Average: Up 16.3%<br \/>&#8211; S&#038;P 500: Up 27%<br \/>&#8211; Nasdaq Composite: Up 32.7%<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_This_Means_for_Investors\"><\/span>What This Means for Investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As the market navigates through this crucial period, investors should:<\/p>\n<p>1. <b>Stay Informed<\/b>: Keep abreast of Fed decisions and economic data releases.<br \/>2. <b>Diversify<\/b>: Consider a balanced approach across various market sectors and asset classes.<br \/>3. <b>Long-Term Perspective<\/b>: While short-term volatility is expected, focus on long-term investment goals.<\/p>\n<p>The stock market today reflects a mix of anticipation and caution. As we await the Fed&#8217;s decision and digest crucial economic data, market participants should remain vigilant and prepared for potential shifts in the investment landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major Indexes Retreat as Investors Await Fed Decision The stock market today, Tuesday, December 17, 2024, opened lower as investors 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