Fed Decision and Big Tech Events Driving Volatile Market Action

The Federal Reserve will conclude its two-day meeting on Wednesday, with the Fed's rate-cut outlook in focus along with Fed chief Jerome Powell's news conference. Markets could see big swings.

Nvidia unveiled a new faster AI chip at its GTC event, while AMD stock retreated. Several AI stocks pared losses.

Chipotle announced a 50-for-1 stock split. Intel will get nearly $20 billion in grants and loans to boost chip production.

The stock market rally showed resilience on Tuesday, with the Nasdaq reversing higher and the S&P 500 hitting a record close.

Leading stocks are at key levels. Investors should be watching rather than taking action ahead of the Fed news and big tech events from Microsoft and others this week.