Why Dec. 10 Could Be a Big Day for the S&P 500

Key Points The next Federal Open Market Committee meeting is scheduled for Dec. 10. There's a high a probability that interest rates will be cut at that meeting. A reduction in interest rates is generally good news for the stock market. 10 stocks we like better than S&P 500 Index › As of Dec. 1, the S&P 500 (SNPINDEX: ^GSPC) was up 16% this year. It's an impressive performance when you consider that it was up by more than 20% in each of the previous two years. Despite strong gains in recent years, ...