The Dow’s up more than 300 points today, its best day in 14 months, and that’s on top of a 288-point surge Wednesday. What’s driving the sudden surge on Wall Street? 700 more words
Tags » Markets
U.S. stocks are rebounding today. The catalyst: stabilization in the oil market and Russia’s battered currency.
In late-morning trading the Dow Jones industrial average is up 153 points, or 0.9%, to 17,222. 224 more words
Nearly seven of 10 investment clients polled by Barclays believe the Fed will “lift” the phrase “considerable time” from its statement describing the timing of rate hikes. 196 more words
When the Federal Reserve breaks the huddle from its last policy meeting of the year today, it will be a “tightrope moment” for the Janet Yellen-led Fed, whose job is to “condition” markets for a coming rate hike next year without “freaking out the markets,” says Greg McBride, chief financial analyst at Bankrate.com. 222 more words