Week ahead on Wall Street

Wall Street's eyes next week will be focused on Washington. Federal Reserve policy makers are expected to cut interest rates by a quarter percentage point after their meeting ends on Wednesday. That'll be the second rate cut since 2008. Fed Chair Jerome Powell finds himself in a tight spot. The U.S.-China trade war and a global slowdown have begun to pinch business spending and manufacturing output, but on the other hand, American consumers continue to spend, wages are rising, and employers keep adding jobs. Also on Wednesday: grilling in store for Google, Facebook, and Twitter. Executives from the tech giants testify before a Senate panel about removing violent content from online platforms. The hearing comes as Congress grows increasingly concerned about the use of social media by people committing mass shootings and other violent acts. Over on Wall Street, investors have begun rotating away from momentum-driven growth stocks like Google's parent Alphabet and towards beaten-down value stocks. Read More...