Markets are seeing another seesaw session as investors brace for the Fed’s decision. The major average held onto gains even after a weaker-than-expected May retail sales.

For weeks, the members of the Fed have been saying they’re on board with increasing their key policy rate by 50 points at each of the next two meetings. Investors are now pricing in a 75-basis point hike when the FOMC announces its decision this afternoon.

The NAHB Sentiment feel in June of 67 from 69 and in-line of consensus.

• Single Family 77 from 78
• Single family 6-months 61 from 63
• Prospective Buyer Traffic swooned to 45 from 53