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US stocks poised to plunge at open after last week’s ‘down’ week as traders eye Fed policy meeting

US stocks poised to plunge at open after last week's 'down' week as traders eye Fed policy meeting

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US benchmarks are seen plunging at the open to start the week as traders eye the Fed policy meet, which starts on Wednesday, to look for clues as to when tapering of stumuls measures will start. Futures for the Dow Jones Industrial Average are down 537 points, or 1.59%, while the S&P 500 futures are down over 58 points, or 1.33%.

...read full article on Proactive Investors

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