Stocks Rally After Fed Meeting Stocks rallied last week after the Fed held rates near zero and created the “perfect hedge” by remaining “data-dependent.” Yellen told us that she is ready to raise rates if the “data” improves but is also ready not to raise rates (and implied that QE4 is not off the table) if the…
Source: http://www.bloomberg.com/news/videos/2015-06-18/each-dot-represents-an-economist-s-forecast-ellenberg
FindLeadingStocks.com Single Stock Ideas… Starting at Only $19/month Advanced Report…. Starting at Only $97/Month Evelyn Cheng | @chengevelyn U.S. stocks traded more than 1 percent higher on Thursday as the prior day’s dovish Fed statement boosted investor sentiment amid lack of developments on the Greece debt talks. The Nasdaq Composite gained more than 1 percent…
Benzinga June 18, 2015 10:20am The Federal Open Market Commission released its updated economic projections for the next two years on Wednesday, slashing GDP forecasts for 2015, while showing a mildly hawkish medium-to-long-term outlook on the economy. Meanwhile, the Federal Reserve announced that it would keep interest rates near zero for the time being, although it…
* Fed statement at 2 p.m. ET; Yellen conference at 2:30 p.m. * Weekly mortgage application falls 5.5. pct * FedEx down after results * Indexes up: Dow 0.29 pct, S&P 0.26 pct, Nasdaq 0.29 pct (Updates to open) By Tanya Agrawal June 17 (Reuters) – Wall Street opened moderately higher on Wednesday ahead of…
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June 16, 2015 4:24pm On Wednesday afternoon at 2 p.m., the Federal Open Market Committee, a subgroup of the Federal Reserve, will release its economic projections for the next two years. The figures will include expected growth and inflation rates. In addition, the Fed will issue an official statement and address the press, disclosing the…
Monday 6.15.15 U.S. stocks pared losses on Monday after opening sharply lower, following a decline in European equities on the collapse of weekend talks between Greece and its creditors. “Right now the key driver in the U.S. and international markets seems the breakdown in the Greece negotiations,” said Art Hogan, chief market strategist at Wunderlich…
Stocks End Mixed Ahead of Fed Meeting Stocks ended mixed last week as investors look forward to next week’s Fed meeting (Tues/Wed) and the on-going drama with Greece. The latest round of incoming economic “data” failed to “impress” which means the Fed will likely not raise rates in the near future. It is important to note that…
U.S. stocks opened weaker on Friday, pressured by a setback in Greek debt talks and increased chances of a rate hike in September as a recovery in the U.S. economy gathers steam. Greece said it would not cross its “red lines” as it looked to intensify political negotiations for an agreement, saying IMF’s move to…