• The Dow Jones is trading sluggish on Monday, stuck near 43,800.
• Markets await what is broadly anticipated to be the Fed’s last rate cut of 2024.
• Increases in telecoms and retail stocks have offset declines in key tech and health stocks.

The Dow Jones Industrial Average (DJIA) continues to churn on the low end of recent chart action, with the major equity index bogged down near 43,800. Investors are gearing up for the Federal Reserve’s (Fed) last policy meeting of the year, with the US central bank widely expected to deliver one last quarter-point rate cut before investors