But stocks shifted back and forth last week while traders anticipated the Fed decision.
What makes that cause for concern is that when traders anticipate calm, they almost invariably get something else.
Heating oil led the gains as traders anticipated the onset of cold weather, analysts said.
For example, suppose many traders are anticipating positive news and buy the stock.
The dollar continued to slide as traders anticipated a move by the Fed to push interest rates lower.
The market reversed as some statistics suggested economic growth might be slowing more than traders had anticipated.
Stock prices, which usually rise when traders anticipate a Fed rate cut in the near future, fell sharply yesterday.
The dollar moved higher as traders anticipated more cuts in German interest rates.
With traders anticipating the move, bank stocks were down across the board.
The stock market closed before the ruling, but traders anticipated a decision favorable to both parties.