Wall Street is waiting for Wednesday's Federal Reserve meeting, where the central bank is expected to deliver another 25 basis point cut, its final rate revision of 2024. The Nasdaq is posting the strongest performance of the major three indexes (^DJI,^GSPC, ^IXIC), rising about 1% at midday. Tesla (TSLA) shares are gaining as Wedbush analysts extend their bull view of the stock, saying Elon Musk’s EV giant’s valuation could surpass $2 trillion. Other trending tickers on the Yahoo Finance platform include Alphabet (GOOG, GOOGL), Palo Alto Networks (PANW), Palantir (PLTR), and Micron Technology (MU).
Key guests include:
3:00 p.m. ET - Scott Chronert, Citigroup Head of U.S. Equity Strategy
3:30 p.m. ET - Oliver Chen, TD Cowen Senior Research Analyst
4:00 p.m. ET - Bill Zox, Brandywine Global Portfolio Manager
4:45 p.m. ET - Tony Moralejo, Applebee's President