Investors were cautious going into the final trading session of this volatile week. In the previous two sessions, stocks erased Monday’s steep losses. The three benchmarks managed to start today’s session with slight weekly gains, but early market action was muted. So far this week, the Dow...
Stocks were looking to add to yesterday’s gains this morning after the Federal Reserve soothed markets by not making any changes to monetary policy and keeping stimulus in place, according to their statement released yesterday afternoon.
Following the meeting, the Fed said, “If progress...
Stocks edged higher this morning in anticipation of remarks from Fed Chair Jerome Powell after the two-day FOMC meeting. Investors will be tuned in, hoping for clarity on the timeline for when the central banks will begin to cut back their $120 billion monthly emergency bond purchases....
Stocks were looking to bounce back this morning after yesterday’s sell-off. In yesterday’s session, the Nasdaq shed 2.2%, the Dow dropped 1.8%, and the S&P 500 slid 1.7% for its steepest loss since May. The three benchmarks were higher in early trading as bargain hunters stepped in.
Stocks were markedly lower in early trading this morning as several factors weighed heavy on investor sentiment. Infection rates continue to hover near January levels ahead of colder weather in North America. The Federal Reserve's two-day meeting commences tomorrow. Many investors are concerned that the central bank...