“It’s really rare to have the market split just hours ahead of a Fed decision. That means some investors will necessarily be hurt. A hike could have harsh consequences on equities if it announces a fresh cycle.”

“It’s really rare to have the market split just hours ahead of a Fed decision. That means some investors will necessarily be hurt. A hike could have harsh consequences on equities…

Investors were digesting Meta earnings and the Federal Reserve's decision to hold rates steady.