Stock Market Update 9/11/23 | Market Waiting For Other Shoe to Drop Hosted by MarketBeat StaffSeptember 10, 2023 ShareLink copied to clipboard. Play video for Stock Market Update 9/11/23 | Market Waiting For Other Shoe to DropDetailsGuestsThe S&P 500 peaked, and now the market is waiting. What it is waiting for is the other shoe to drop. At this point in the year, based on expectations set earlier in the year, the FOMC should be on track to lower rates within the next meeting or 2, and that is not the case. At best, the FOMC will indicate another hawkish pause at their meeting in 2 weeks and at worst, they'll hike rates in September and indicate another is on the way.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioORCLOracle4.7345 of 5 stars$170.41+5.2%0.94%41.66ADBEAdobe4.9443 of 5 stars$446.00+1.0%N/A35.97 Compare These Stocks Add These Stocks to My Watchlist Don Miller, GuestSenior Content Manager, MarketBeatDon serves as the editorial supervisor and oversees the overall production, from idea generation to publication. He keeps an eye on our network of news websites and is one to help facilitate the creation of content and manage the freelance writers we work with. Building, creating and growing a team is the most inspiring part of his job. He brings a very diverse work experience to the table. From seminary, ministry and government to internet marketing and freelance writing; Don has seemingly done it all. He has even written for ESPN once upon a time.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffSeptember 10, 2023 ShareLink copied to clipboard. Play video for Stock Market Update 9/11/23 | Market Waiting For Other Shoe to DropDetailsGuestsThe S&P 500 peaked, and now the market is waiting. What it is waiting for is the other shoe to drop. At this point in the year, based on expectations set earlier in the year, the FOMC should be on track to lower rates within the next meeting or 2, and that is not the case. At best, the FOMC will indicate another hawkish pause at their meeting in 2 weeks and at worst, they'll hike rates in September and indicate another is on the way.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioORCLOracle4.7345 of 5 stars$170.41+5.2%0.94%41.66ADBEAdobe4.9443 of 5 stars$446.00+1.0%N/A35.97 Compare These Stocks Add These Stocks to My Watchlist Don Miller, GuestSenior Content Manager, MarketBeatDon serves as the editorial supervisor and oversees the overall production, from idea generation to publication. He keeps an eye on our network of news websites and is one to help facilitate the creation of content and manage the freelance writers we work with. Building, creating and growing a team is the most inspiring part of his job. He brings a very diverse work experience to the table. From seminary, ministry and government to internet marketing and freelance writing; Don has seemingly done it all. He has even written for ESPN once upon a time.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatIs Big Tech dead?China just threw a “$5.5 million” curveball called Deep Seek to Silicon Valley and the timing of it is no coin...Brownstone Research | Sponsored7 Best Chinese Stocks to Own Before the Bubble BurstsThe geopolitical relationship between the United States and China is volatile and complicated. But the importa...MarketBeatAlert: DOGE goes live"It's Elon's world, and the rest of us live in it." Every investor in America is trying to figure out what ...Altimetry | Sponsored7 Flying Car Stocks to Buy Before the Sector Really Takes Off We could be entering the age of the electric vertical take-off and landing vehicle (eVTOL), more commonly kn...MarketBeatHas Trump finally met his match?Dylan Jovine predicted the 2008 crash over a year before it happened. Folks who listened to him had the chance...Behind the Markets | Sponsored7 Long-Term Stocks to Own Regardless of the Election OutcomeBy the time you read this, the outcome of the 2024 presidential election may (hopefully) be decided. And there...MarketBeat