The Federal Reserve's interest rate decision is anticipated with minimal market expectations for changes. Jerome Powell's press conference is crucial for insights into monetary policy. The S&P 500 index is not strongly correlated with rate cut expectations. Key market concerns include conflicts in the Middle East and Europe, rising trade tensions, and concerns about China's economy. The drone strike in the Middle East has raised fears of escalating war, impacting oil prices. Microsoft's recent $3 trillion valuation and positive earnings report have boosted investor sentiment.

Fed's Interest Rate Decision Anticipated