Wall Street indexes end higher ahead of Fed meeting; Tesla and Alphabet rally

The Federal Open Market Committee meeting on September 16 and 17 looms large over sentiment this week with market participants widely expecting a 25-basis-point reduction following recent economic data signaling labor market weakness. "The market is counting on sort of a goldilocks scenario where the employment market is just weak enough to prompt the Federal Reserve to start a rate cutting series, not just one, without disrupting overall growth," said Carol Schleif, Chief Investment Officer at BMO Family ...