Caroline Woods brings you the biggest news of the day, including a preview of the Fed’s September meeting and why ABC is adding more games to its “Monday Night Football” slate.
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00:00 I'm Caroline Woods filling in for JD Durkin, reporting from the New York Stock Exchange.
00:05 Stocks were in the green to close out today's trading session.
00:08 The Dow, NASDAQ and S&P 500 all closed fractionally higher.
00:13 Investors are looking ahead to the Federal Reserve's September policy meeting, which
00:17 kicks off on Tuesday.
00:19 An interest rate decision will be delivered on Wednesday, followed by a press conference
00:23 where Fed Chair Jerome Powell will take questions from the media.
00:27 Wall Street is pricing in a 99% chance that the central bank holds rates steady.
00:32 The Fed has raised rates 11 times since March of 2022 in an attempt to bring historically
00:38 high inflation down to the targeted 2%.
00:42 And if just one Monday night football game isn't enough for you, you're about to be pleasantly
00:47 surprised.
00:48 ABC has announced it will be adding 10 more games to the Monday night football slate.
00:52 The Disney-owned network added the games due to the ongoing writer strikes that have plagued
00:56 Hollywood.
00:58 Without new episodes of ABC staples like Grey's Anatomy and The Rookie, the network had to
01:03 shift its regular broadcast schedule, leaving holes to fill in on Monday nights.
01:07 ABC was originally slated to air 8 games, with that number now rising to 18.
01:13 And despite the network not being able to air any scripted shows, it's bound to get
01:17 a ratings bump.
01:18 NFL games are some of the most regularly watched shows on TV, with Monday night football having
01:24 the third highest viewership on television during the 2022-2023 season.
01:29 NBC's Sunday Night Football had the highest viewership.
01:32 The new schedule starts tonight, with the New Orleans Saints facing the Carolina Panthers
01:37 on ESPN and the Cleveland Browns taking on the Pittsburgh Steelers on ABC.
01:43 That'll do it for your daily briefing from the New York Stock Exchange.
01:46 I'm Caroline Woods with The Street.
01:48 Thanks for watching.
01:49 See you next time.
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