Stocks were in limbo as Wall Street awaited potentially pivotal comments from the Federal Reserve. Federal Reserve Chairman Jerome Powell is expected to address the press at 2:30 this afternoon. While the central bank is not expected to make any policy moves, it may signal to the...
Stocks were under pressure again this morning after yesterday’s afternoon decline. Fueling yesterday’s sell-off was the Federal Reserve’s decision to raise its projected rate of inflation for this year to 3.4%. The Fed also stated that it would move up its time line for rate hikes. Internal...
Stocks traded lower this morning, if the trend continues through the close this will be the third straight day of losses for the Dow. Adding to tension on Wall Street, today is the quarterly “quadruple witching” where options and futures on indexes and equities expire. In light...
Stocks were looking for a modest bounce this morning after last week's losses. The big question on everyone’s mind is where to position themselves in regards to growth versus value. The iShares Russell 1K Growth ETF (IWF) is on a five week winning streak, it’s longest...
Stocks were looking to add to yesterday’s gains this morning in early trading. The Dow shot up nearly 600 points in yesterday’s session for it’s best day since March. Thanks to yesterday’s comeback the S&P 500 is now less than 1% away from its record high.