Stock Market Today: Stocks Finish Mixed Ahead of Fed

The latest Fed policy announcement is due out tomorrow afternoon.

stock chart
(Image credit: Getty Images)

Stocks were on track to stage a modest bounce in the wake of Monday's drubbing as bargain hunters swooped in to buy the dip.

A solid reading on August housing starts and building permits – which rose at higher-than-expected sequential rates of 3.9% and 6%, respectively – only lifted the collective mood on Wall Street for most of the day.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.