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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Rise as Fed Rate Cuts Near

Closeup of stock market chart with white bars and blue volume bars.

Stocks opened higher Friday and kept climbing into the close as optimism builds ahead of next week's Federal Reserve policy announcement. 

The Fed is all but certain to lower the federal funds rate from its current 23-year high when its latest meeting concludes on Wednesday afternoon, with most now bickering between whether it will be 25 basis points (0.25%) or 50 basis points (0.50%).  

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