Stock futures rise slightly ahead of first trading day of November, as investors await key Fed meeting

Stock futures rise slightly ahead of first trading day of November, as investors await key Fed meeting This is a developing news story. Please check back for updates: https://www.cnbc.com/2021/10/31/stock-market-futures-open-to-close-news.html Follow @CNBCnow for breaking news and real-time market updates Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel   Digital Products Feedback Privacy Policy CNBC Events   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS

Wells Fargo says investors should buy momentum stocks! See the high momentum stock list.

CNBC Pro gives you exclusive access to the smartest calls on Wall Street and live CNBC TV from the leading professionals on Wall Street.

VIEW IN BROWSER | SUBSCRIBE MY ACCOUNT See Wells Fargo's high momentum stock list Wells Fargo's market guru is recommending momentum stocks as investors face the final 50 days of trading in 2021.   The Wall Street firm expects the S&P 500 to rally 5% during the countdown to 2022 and sees stocks like Alphabet and Expedia leading the way.   Wells Fargo senior equity analyst Christopher Harvey told clients in early October to buy tech stocks, which outperformed the broader market. However, now he says it's time for a tilt toward momentum, and tech could see weakness as the Federal Reserve begins to taper its bond-buying programs.   Become a member of CNBC Pro to see the list of stocks Wells Fargo is recommending. See the Stocks     Get top stocks picks with Pro CNBC Pro gives you premium access to money-making ideas including daily stock recommendations, stock market trend analysis including commentary from leading Wall Street professionals, and all-access to CNBC Live Business TV. Become a Member       Here are the top CNBC Pro stories today exclusive for our members!   Get long and buy momentum stocks with 50 trading days left in 2021, says Wells Fargo's top stock strategist FRI, OCTOBER 29 2021   Best trades on CNBC Friday: Cramer's energy pick, Tesla's $2 trillion growth prediction, Apple, and more FRI, OCTOBER 29 2021   Hedge funds went from short Tesla to long before the EV company hit $1 trillion market cap FRI, OCTOBER 29 2021   Cramer says there's one reason Microsoft dethroned Apple as most valuable company FRI, OCTOBER 29 2021   Santoli's Friday market notes: Stocks shake off Apple, Amazon and other big earnings clunkers FRI, OCTOBER 29 2021   Goldman and Morgan Stanley say this dip is a great time to buy Amazon, one of their top picks for 2022 FRI, OCTOBER 29 2021     Pro Sections PRO NEWS CNBC Pro's latest news | Read now STREET CALLS Wall Street's biggest calls | Read now PRO VIDEOS Exclusive CNBC interviews | Watch now FOLLOW THE PROS Follow top investing Pros | Read now   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS

Let it ride or lock it in? | Big Fed meeting ahead | Value manager up 40% this year

The Federal Reserve is expected in the week ahead to take its first big step away from the easy policy it put in place to fight the pandemic.

VIEW IN BROWSER | SUBSCRIBE SAT, OCT 30, 2021 WEEKEND BRIEF EDITOR'S NOTE The Federal Reserve is expected in the week ahead to take its first big step away from the easy policy it put in place to fight the pandemic.   On Wednesday, the central bank is expected to announce that it is beginning the process of tapering back its bond purchases. What will be most important for markets is how it discusses inflation, now running at a 30-year high. If the Fed states that inflation could be more than a temporary phenomena from the reopening economy, that could raise expectations the central bank will raise interest rates sooner.   There is also the employment report for October, which could show more than 400,000 jobs were created, a big improvement over September's report. Dozens more earnings releases will hit the Street as well, including Pfizer and Moderna. Patti Domm | CNBC Markets Editor @pattidomm THE WEEK AHEAD Markets could be challenged in the week ahead as the Fed prepares to reverse easy policy   MICHAEL SANTOLI'S MARKET COLUMN Let it ride or lock it in? What to do in the final months of 2021 with the S&P 500 up 22% ACTIVIST SPOTLIGHT Starboard Value spots fresh opportunities for diversified tech company Colfax   YOUR WEEKEND BRIEFING  FDA authorizes Pfizer's Covid vaccine for kids ages 5 to 11, shots could begin early next week with CDC clearance This mutual fund has jumped 40% this year with a value strategy. Here's how its manager picks stocks Cramer's week ahead: Semiconductor shortage to be in focus yet again G-20 leaders endorse global minimum corporate tax deal for 2023 start ESG keeps pulling in lots of money, even as strategy is no longer outperforming as much Facebook's Meta mission was laid out in a 2018 paper declaring 'The Metaverse is ours to lose'     Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS