Stocks set to extend gains as Snowflake keeps the mood buoyant; double-whammy for Facebook

Fed meeting concludes, with retail sales slowdown in focus | Yen hits two-month high as Suga takes over as PM | Europe tightens the screws on fossil fuels | Oil prices rebound on U.S. inventory plunge

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📚 Daily Digest | Wednesday, Sep 16, 2020

Top 5 Things to Know in the Market on Wednesday

It's Fed day, and Chairman Jerome Powell will have to explain his colleagues' decisions in the immediate aftermath of what are expected to be weak retail sales numbers for August. Snowflake's strong IPO keeps stock market sentiment buoyant. Facebook (NASDAQ:FB) gets a double-whammy from the FTC and Kim Kardashian. Yoshihide Suga is Japan's new prime minister but he's expected to continue most of the old one's policies. The EU is going even greener, at a price, and oil prices rebound after a big drop in U.S. inventories catches the market on the wrong foot. Here's what you need to know in financial markets on Wednesday, September 15th.

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