--- title: "Stocks Trade Mixed Ahead of Interest Rate Announcement" type: "News" locale: "en" url: "https://longbridge.com/en/news/299208618.md" description: "US stocks traded mixed ahead of the Federal Reserve's interest rate decision. While retail sales beat estimates, mortgage rates hit a high. The Nasdaq and S&P 500 rose, but the Dow remained flat. Individual stock movements included XPO plummeting on insider selling, Fabrinet rebounding, and EOG Resources declining from record highs." datetime: "2026-09-16T15:56:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299208618.md) - [en](https://longbridge.com/en/news/299208618.md) - [zh-HK](https://longbridge.com/zh-HK/news/299208618.md) generator: "portal-rs" --- # Stocks Trade Mixed Ahead of Interest Rate Announcement Major indexes are struggling for direction this afternoon, as investor focus remains narrowed on the Federal Reserve's rate hike decision, due out later today. **Retail sales rose** 1.2% in August, reversing course from July's drop and coming in better than the 0.8% estimate. Meanwhile, U.S. mortgage rates surged to 6.97% last week, the highest reading since May 2025. The Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) are firmly higher at last check, while the Dow Jones Industrial Average (DJI) sits flat. *Continue reading for more on today's market, including:* - **Intel stock pops** on potential South Korean partnership. - **Expedia stock** downgraded on competition concerns. - Plus, logistics stock options pop; FN looks to rebound; and crumbling crude stock today. **XPO Inc (NYSE:XPO)** is plummeting 3.5% lower to trade at $171.87 this afternoon, after reports showed Chief Operating Officer David Bates sold over 2,600 of his shares in the logistics company, totaling $469,000. XPO is headed for its seventh-straight daily drop and the options pits are buzzing in response. Over 7,700 puts have been exchanged so far, 36 times the average intraday rate, with the September 170 and 155 puts seeing the most attention. XPO remains up 26% for the calendar year. One of the top stocks on the New York Stock Exchange (NYSE) today is **Fabrinet (NYSE:FN)**, up 5.3% to trade at $394.75, looking to bounce off its recent pullback to $373.70 -- a 10-month low for the shares. FN will be looking to break back above the round $400 level, though the equity remains off 13.5% year to date. One of the **worst performers** on the NYSE today is **EOG Resources Inc (NYSE:EOG)**, last seen down 5.4% at $145.50, cooling off from its surge to a Sept. 15 record high of $154.16. EOG is echoing its peers with a 38% gain for 2026, though still unable to sustain a breakout above $150. ### Related Stocks - [FN.US](https://longbridge.com/en/quote/FN.US.md) - [XPO.US](https://longbridge.com/en/quote/XPO.US.md) - [EOG.US](https://longbridge.com/en/quote/EOG.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [SPY.US](https://longbridge.com/en/quote/SPY.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [IVV.US](https://longbridge.com/en/quote/IVV.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [VOO.US](https://longbridge.com/en/quote/VOO.US.md) - [SPLG.US](https://longbridge.com/en/quote/SPLG.US.md) - [SPXL.US](https://longbridge.com/en/quote/SPXL.US.md) - [UPRO.US](https://longbridge.com/en/quote/UPRO.US.md) - [SSO.US](https://longbridge.com/en/quote/SSO.US.md) - [SH.US](https://longbridge.com/en/quote/SH.US.md) - [SPXS.US](https://longbridge.com/en/quote/SPXS.US.md) - [SPXU.US](https://longbridge.com/en/quote/SPXU.US.md) - [SDS.US](https://longbridge.com/en/quote/SDS.US.md) - [SPYI.US](https://longbridge.com/en/quote/SPYI.US.md) - [JEPI.US](https://longbridge.com/en/quote/JEPI.US.md) - [XYLD.US](https://longbridge.com/en/quote/XYLD.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [EXPE.US](https://longbridge.com/en/quote/EXPE.US.md) ## Related News & Research - [XPO (XPO) Faces Rising Diesel Costs, Is The Valuation Gap Still Compelling?](https://longbridge.com/en/news/299567209.md) - [XPO Named a 2027 FreightTech 100 Company by FreightWaves | XPO Stock News](https://longbridge.com/en/news/299659140.md) - [Hyundai Motor Securities Issues Low-Risk S&P 500-Linked Bond Worth KRW 29.97 Billion](https://longbridge.com/en/news/299722253.md) - [Investors focus on rate path, AI slowdown after Fed hike](https://longbridge.com/en/news/299581717.md) - [Top EOG Executive Makes Major Move With Fresh Stock Sale](https://longbridge.com/en/news/298986158.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**