Here's Why Oct. 29 Could Be a Very Important Day for the Stock Market

Corporate America just entered earnings season for the quarter ended Sept. 30. Toward the end of October, some of the most influential companies in areas like artificial intelligence will give investors an update on their progress, which could determine the direction of the entire market for the remainder of 2025.However, on Oct. 29, the U.S. Federal Reserve will conclude a two-day policy meeting where it's widely expected to deliver an interest rate cut. The economy is at a crossroads with sticky inflation and a rising unemployment rate, so the central bank's decision -- and subsequent commentary from Chairman Jerome Powell -- could be just as important as the imminent wave of corporate earnings.Here's what it means for the benchmark S&P 500 (SNPINDEX: ^GSPC) stock market index.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool