Analyst: Not convinced Fed will hike next week, US stocks could see a positive day

Odaily: Kim Forrest, Chief Investment Officer at Bokeh Capital Partners, said: "I'm not sure the Fed will hike next week, although the decline in year-over-year hourly wage growth may point to an increased likelihood of a rate hike between now and the end of the year. But I'm still not convinced it will happen next week. Today's data is not enough to cause investors to panic and flee. We will see stocks have a positive day. This largely stems from yesterday's negative move, which in my view was an overreaction."