Stocks are looking to maintain momentum in the holiday-shortened week ahead even as Wall Street contends with a seasonally weak period for markets ahead of the Federal Reserve's September rate decision.
Some technical indicators have investors hopeful the bullish momentum could continue in the week ahead.
For example, the major indexes broke above their respective 50-day moving averages this past week — a sign of improving short-term momentum.
Central bank policymakers convene for a two-day meeting starting Sept. 19 and announce their interest rate decision Sept. 20.
Week ahead calendar All times are ET.
Persons:
Sam Stovall, We've, Ryan Detrick, Quincy Krosby, CFRA, —, HSBC's Max Kettner, Savita Subramanian, John Luke Tyner, Carson Group's Detrick, Detrick, FactSet, Kroger
Organizations:
Dow Jones Industrial, Nasdaq, Wall, Dow, Carson Group, Fed, LPL, Bank of America, Aptus Capital Advisors, Labor, PMI, PMI Services, Consumer Credit
Locations:
U.S, CFRA, China