Stocks fall again as banks drop and oil prices rise
The Fed is still widely expected to raise rates, but now by just a quarter-point. A week ago, the market was split between whether the Fed would hike rates by a quarter-point or a half-point.
Fed chair Jerome Powell may talk more about where rates are headed during his semiannual congressional testimony this week. He speaks in front of the House Committee on Financial Services Wednesday and the Senate Banking Committee Thursday.