"Market Optimism Grows Ahead of Fed Meeting and Key Earnings Reports"

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Source: Investor's Business Daily
"Market Optimism Grows Ahead of Fed Meeting and Key Earnings Reports"
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average rallied 300 points as investors await the Federal Reserve's two-day meeting and Apple's earnings report. The Fed meeting is not expected to result in a rate hike, but with strong consumer spending, a rate hike is not completely off the table. Other key earnings reports this week include Caterpillar, Amgen, and Pfizer. McDonald's stock jumped on strong earnings results.

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