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With monthly U.S. jobs data a day away and the end of the quarter looming, stock prices were little changed early Thursday.
Federal Reserve Chairwoman Janet Yellen’s dovish statements pumped tons of energy into lifeless markets yesterday and again today.
Today, all eyes will be on the Federal Reserve—really on its chairwoman Janet Yellen, who is speaking at the Economic Club of New York.
Will this coming data-packed week put some punch back into the stock market party that ended abruptly last week?
Pressure continued to stalk the Street early Thursday amid concerns about Fed policy, falling commodity prices, a stronger dollar, and weakness overseas.
Stocks were relatively flat early Wednesday after the S&P 500 (SPX) broke its streak of gains yesterday in the aftermath of the terrorist attacks in Brussels.
Terror attacks in Brussels early Tuesday brought fear into the U.S. stock market, pushing indices lower and boosting prices of safe-haven assets like gold.
Five straight weeks of gains. It’s been quite a run. Few probably would have believed back in mid-February that such a surge was coming.
With the end of the quarter approaching, U.S. stock indices have reached equilibrium for the year, trading at or near where they finished 2015.
A day after the Fed announced it’s keeping interest rates unchanged, a decision that was in line with expectations, stock prices moved slightly lower early Thursday.
Once again, the Federal Reserve met expectations on interest rates Wednesday afternoon, leaving the Fed funds rate in a range between 0.25% and 0.5%.
It’s Fed day, and markets traded flat ahead of this afternoon’s announcement. Most economists don’t expect the Fed to make any interest rate moves today.
With the Fed’s two-day meeting starting, weaker economic data coming in and oil prices sinking, stocks came under some early pressure Tuesday.
This coming week is packed with important economic data, meetings of the U.S. Fed and the Bank of Japan, and a quadruple witching, giving investors plenty to digest.
U.S. stocks began Friday with strength, supported by market rallies in Europe and Asia, rising oil prices, and Thursday's ECB stimulus.
The Street’s focus Thursday is on Europe, where the ECB announced a 10-basis-point cut in the deposit rate, expanded asset purchases, and cut its key lending rate.