Jack Ablin of BMO Private Bank told AFP investors likely now expect the Fed will brush aside concerns about economic damage from back-to-back hurricanes Harvey and Irma, and raise interest rates for a third time later this year.
Meanwhile, traders have largely shrugged off a report from the National Association of Realtors showing an unexpected decrease in existing home sales in the month of August. Economists had expected housing starts to jump by 1.7 percent.
The blue-chip and tech-heavy was unchanged, at 7:06AM ET (11:06GMT), the inched up 1 point, or 0.02%, while the tech-heavy edged forward 1 point, or 0.01%.
Data showed US homebuilding fell for a second straight month in August as a rebound in the construction of single-family houses was offset by weakness in the multifamily home segment. Economists had expected import prices to rise by 0.4 percent.
Natural gas, gold, and transportation stocks have also moved to the upside on the day, while some weakness visible among computer hardware and semiconductor stocks.
Russian gunship fired accidentally at onlookers
It said it happened Sunday or Monday at the Luzhsky range, about 100 kilometers (60 miles) east of the border with Estonia. Russian Federation launched short range ballistic missiles, naval forces, and its newest Ka-52 attack helicopters.
Telecom stocks are seeing notable strength, however, with the NYSE Arca Telecom Index climbing by 1.1 percent.
In overseas trading, stock markets across the Asia-Pacific region turned in a lackluster performance during trading on Wednesday.
The Nasdaq Composite .IXIC added 6.68 points, or 0.1 percent, to 6,461.32, also squeaking out a record closing high, slightly above its September 13 close.
Health index was the biggest laggard on the S&P, pulled lower by United Health's 2.2 percent fall.
Last week, the S&P 500 had weekly gains of 1.6%, its best since the first week of January while the more narrower Dow jumped 2.2% for its best week since early last December.
Gamecocks take a step backward, lose to Kentucky 23-13
Sophomore Rico Dowdle has yet to break out in the run game, but back-up Ty'Son Williams did have a few big runs against Missouri. Georgia running back Nick Chubb took command in the Bulldogs' 42-10 win over Samford, also named the Bulldogs.
The major European markets also ended the day roughly flat. "Should the Fed go ahead and announce a balance sheet normalisation the dollar will rally but the extent of the move hinges on any hints about the Fed raising rates in December".
A Los Angeles Times graphic shows the Trump administration's plans for national monuments as of September 2017. Williams also promised to battle "these illegal and unsafe recommendations" in court, if Trump acts on them.
He is expected, over the next several days, to stay at Trump Tower, where he plans to hold meetings with foreign leaders. Trump may also face some uncomfortable moments over his sharp criticism of the Iran nuclear deal .
Disgruntled users are clamoring for more information, which The Pirate Bay moderators are expected to answer in the coming weeks. We all know that the popular torrent websites like The Pirate Bay rely on donations as well as ads to generate revenues.
Iran-backed Iraqi Shi'a militias have threatened to dislodge the Peshmerga from Kirkuk should the Kurds proceed with the vote. The Turkish cabinet and Turkish national security council have scheduled meetings on Friday to consider possible action.
But right now, for the third straight season, quarterback depth looks like it could be an issue at Auburn . Last season, White beat out Jeremy Johnson and John Franklin III for the starting quarterback position.
Last month, Jutanugarn was in second place and in the final Sunday pairing at the Ricoh Women's British Open at Kingsbarns. Starting with a one-shot lead, Jutanugarn reached the turn two ahead at 10 under but lost her lead when Nordqvist surged.
Schara had earlier been treated at a hospital in Hartford for what Mass Live refers to as "unspecified medical issues". Ziegart's mother is grateful that police remained determined to solve this case. "They never, ever gave up on Lisa".
The UN visit will be Abbasi's debut into the highest worldwide diplomacy, after being sworn in as prime minister last month. The US is traditionally the second speaker on the opening day of the General Debate, after Brazil.
An electrical worker repairs stop lights the morning after Hurricane Irma swept through Naples, Fla., on September 11, 2017. FPL plans to have power to all customers by Wednesday unless there is an unusual circumstance that is preventing them.
APPLE saysits upcoming flagship mobile phone represents the firm's "biggest leap forward" since the original iPhone was released. When Trump announced a ban on transgender people serving in the military, Cook fired back , "We are indebted to all who serve".
America's Got Talent Season 12 finalists had one last chance Tuesday to show America why they deserve to win. The victor of America's Got Talent will be announced on Wednesday, September 20 at 8pm on NBC .
U.S. and Japanese fighter jets also practised formation training over the southern island of Kyushu, according to authorities. After the drills, the F-35B jets and B-1B bombers returned to their bases in Japan and Guam respectively, sources said .
Kenya: Top court blames electoral body for unfair polls
Maraga said the opposition had failed to show evidence Kenyatta had campaigned using state resources or undue influence. As an indictment of the electoral commission and a statement of the supremacy of law, it was searing and inspiring.
Lions rip Giants as Beckham returns
The New York players got the third quarter with three against zero, but the Detroit Lions finished the game with seven to nil. By no stretch of the imagination did we get that done tonight. "We have to find a way to get better and better in a hurry".
Paul 'worried' about new ObamaCare repeal bill
The GOP needs at least 50 senators to vote for the bill, which would then have to be considered by the House of Representatives. There's no chance the bill will get 60 votes, and the CBO says it can only provide a few rough numbers by September 30.
Sardar Sarovar Dam: Five points to know
This project, the PM said , sets new records and new benchmarks. "But we were determined not to take make it a political battle". The World Bank, which had agreed to fund the project earlier, had also withdrawn later, citing environmental concerns.