Stocks pop, then drop on Powell’s comments
The S&P 500 Index (SPX) traded modestly lower after the open and remained that way heading into the 2pm FOMC announcement.
Read MoreThe S&P 500 Index (SPX) traded modestly lower after the open and remained that way heading into the 2pm FOMC announcement.
Read MoreThe FOMC today voted to raise the Fed funds rate 25 bp to 5.25-5.50%, as was broadly expected.
Read MoreI often get the question – “what do you think the Fed will do, and how will it affect the market?”
Read MoreThere was little change in our tactical indicators with yesterday’s 0.28% gain in the S&P 500 Index (SPX).
Read MoreS&P equity futures are trading below prior close. Asian markets mostly lower overnight after Greater China shares rallied sharply in prior session. European equities weaker. Treasuries rallying with the…
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