Wall St. rises ahead of Fed minutes



The S&P 500 and the Dow Jones industrial average inched up on Wednesday as financial stocks rose ahead of the release of the minutes of Federal Reserve's September policy meeting.
The Nasdaq was kept in check by a drop in Cisco (CSCO.O) and Microsoft (MSFT.O) shares.
The highlight of the meeting was an increase in the number of board members who voted in favor of a rate hike to three from one. The minutes to be released at 2:00 p.m. ET (1800 GMT) will provide further clues on the possibility of a hike this year.
Traders have priced in small odds of a rate increase in November as the... read more

 
12 October 2016 in World News, Views: 37
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31