Powell prompts powerful rally
Stocks meandered ahead of Chairman Powell’s remarks at the Brookings Institution, and the S&P 500 Index (SPX) drifted around the flat line, remaining in a relatively tight 26-point range.…
Read MoreStocks meandered ahead of Chairman Powell’s remarks at the Brookings Institution, and the S&P 500 Index (SPX) drifted around the flat line, remaining in a relatively tight 26-point range.…
Read MoreFed Chair Powell said time for moderating the pace of rate hikes could come as soon as December. In his speech he also said:
Read MoreThe Bureau of Economic Analysis (BEA) reported its second estimate for Gross Domestic Product (GDP) was a little stronger than the initial print.
Read MoreHere are Tuesday's closing levels for our four key tactical indicators:
Read MoreS&P equity futures are trading above Tuesday's close amidst positive sessions in Europe and Asia overnight (except for Japan).
Read More