Investors are awaiting the Federal Reserve's policy decision at 2 pm ET, but the central bank will likely be cautious.
"They're going to play their cards close to their chest today," Jon Corpina, senior managing partner at Meridian Equity Partners, told Paula Newton on CNN's digital live show Markets Now.
The market is hoping for a rate cut as early as July to boost the economy.
But with potential news on the trade front waiting in the wings, the economic outlook could change. This is putting the Fed in a unique position.
Next week, President Donald Trump and Chinese President Xi Jinping are poised to meet at the G20 summit in Japan.
https://www.cnn.com/business/live-news/stock-market-news-today-061919/index.html
2019-06-19 18:06:00Z
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