US equities set for a fifth day of gains

<p>Historically, Fed days are incredibly good days to hold equities, with a long history of gains. The incredible equity rally of the past six week arguably started with the prior FOMC meeting.</p><p>S&amp;P 500 futures are up 0.2% just ahead of the open and that would mark the fifth straight day of gains. The risk is that Powell pushes back harder on the rate cuts that the market is pricing in.</p>

This article was written by Adam Button at www.forexlive.com.