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 RatioORCLOracle4.4801 of 5 stars$174.22+1.8%1.15%42.60ADBEAdobe4.6873 of 5 stars$416.92+0.4%N/A33.62 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 RatioORCLOracle4.4801 of 5 stars$174.22+1.8%1.15%42.60ADBEAdobe4.6873 of 5 stars$416.92+0.4%N/A33.62 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 MarketBeatTrump’s Wealth Reset: Could You Be The First Beneficiary?Trump's Reset Can Give Birth To America's Greatest Era Yet A 90-Year cycle may end soon, creating real weal...American Hartford Gold | Sponsored7 High-Yield Dividend Stocks for Massive Passive Income in 2025 In volatile markets, it makes sense to own passive income-generating stocks. As we move into 2025, there are...MarketBeatBanks aren’t ready for this altcoin—are you?While everyone's distracted by Bitcoin's moves, a stealth revolution is underway. One altcoin is quietly po...Crypto 101 Media | Sponsored7 Dividend Stocks That Show Why Cash Is King Dividends are a portion of a company's profits that it pays back to shareholders. That leads ...MarketBeatYour Bank Account Is No Longer SafeWhat If Washington Declared That: YOUR Money ISN'T Actually Yours? Sounds insane, but that's exactly what ...Priority Gold | Sponsored7 Silver Stocks Set to Sizzle on Higher Demand A symptom of inflation is too much money chasing after too few goods. But investors want to trade the cause ...MarketBeat