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.

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. 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.