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 RatioORCLOracle4.7289 of 5 stars$150.77+3.6%1.33%36.86ADBEAdobe4.8005 of 5 stars$380.87+1.7%N/A30.72 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 MarketBeatThink NVDA’s run was epic? You ain’t seen nothin’ yetAsk most investors and they’ll probably tell you Nvidia is the undisputed AI stock of the decade. 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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 RatioORCLOracle4.7289 of 5 stars$150.77+3.6%1.33%36.86ADBEAdobe4.8005 of 5 stars$380.87+1.7%N/A30.72 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 MarketBeatThink NVDA’s run was epic? You ain’t seen nothin’ yetAsk most investors and they’ll probably tell you Nvidia is the undisputed AI stock of the decade. In 2023, ...Timothy Sykes | SponsoredProfit Without Panic: 7 ETFs to Diversify Your Portfolio Many investors find fund investing to be a sound alternative to the ups and downs that come with owning...MarketBeatElon Set to Shock the World by May 1st ?Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believ...Brownstone Research | Sponsored15 Healthcare Stocks that Analysts Love in a Post-Pandemic WorldThere are more than 200 healthcare companies traded on public markets. Given the sheer number of pharmaceutica...MarketBeatGold Alert: The Truth About Fort Knox Is ComingOwning physical gold isn’t the best way to profit. I’ve found a better way to invest in gold—one that’s alr...Golden Portfolio | Sponsored7 Stocks That Hold Appeal for Aggressive InvestorsIn times of market volatility, many investors sell stocks as part of a flight to safety. There's logic to this...MarketBeat