US stocks end lower as investors wait for Fed rate decision

"It'll be hard for the market to find a direction that it wants to follow until after the Fed meeting," said Carol Schleif, chief market strategist at BMO Private Wealth. "We just came off a really strong earnings season and we won't have earnings again for another four weeks. The only thing that the market really has to hang its hat on or to point to is the Fed." Traders are now pricing in a roughly 89% chance of a 25-basis-point rate cut on Wednesday according to the CME's FedWatch Tool. Meanwhile, highe ...