NYSE Content Advisory: Pre-Market Update + Fed decision & StubHub celebrates IPO
- Stocks are mixed this morning ahead of the
Federal Reserve's highly anticipated decision on interest rates this afternoon at2 PM ET . Shortly thereafter, ChairJerome Powell will deliver remarks - According to the latest data, traders are pricing in a more than 95% chance that the
Federal Reserve will cut interest rates by 25-basis points to a range of 4.25%. This would mark the Fed's first interest rate cut since last December. - Global online ticket marketplace
celebrates its IPO today. On Tuesday,StubHub StubHub priced its IPO at$23.50 per share, valuing the company at$8.6 billion . It will begin trading under the ticker symbol STUB.
Opening Bell
Closing Bell
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