S&P 500 ends slightly down as investors await Fed rate decision

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The S&P 500 ended slightly down as investors await the Fed's rate decision, with mixed performances from major indexes. Traders expect a quarter-percentage point rate cut, but the Fed's messaging suggests they might be done cutting rates for a while. Key stocks like JPMorgan Chase, Campbell's, and AutoZone saw significant losses.

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Market impact analysis based on bearish sentiment with 82% confidence.

Sentiment
Bearish
AI Confidence
82%

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STORY: Wall Street's main indexes ended mixed and somewhat muted on Tuesday, with the Dow dropping more than a third of a percent, the S&P 500 edging slightly into the red and the Nasdaq ticking up marginally.The Federal Reserve kicked off its two-day policy meeting on Tuesday with traders widely expecting a quarter-percentage point rate cut at its conclusion.While inflation hovers above the Fed's annual target of 2%, policy makers remain more concerned about the health of the labor market.But Andrzej Skiba, head of U.S. Fixed Income at RBC Global Asset Management, notes that recent data suggests the labor market may be relatively stable. "We also got actually some recent positive data points, like the JOLTS number, indicating an increase in the number of job openings in the U.S. And that is the reason why, it is -- we're erring on the side of Federal Reserve cutting rates this time, however, with messaging that suggests that they might be done for a while, and they want to assess incoming data early in '26 to determine whether another cut is necessary or not."Stocks on the move Tuesday included JPMorgan Chase, which shed more than 4.5% for its biggest one-day percentage drop since April 4. The bank said it expects expenses to climb to about $105 billion in 2026, driven largely by growth and volume-related costs.Shares of Campbell's shed more than 5% after the packaged-food maker said it selectively raised prices to counter higher costs.And AutoZone's shares lost more than 7% after the retailer missed quarterly sales and profit estimates.

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Original article published by Unknown on December 10, 2025.
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