FOMC

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Parasnand Madho
21 May, 2014 | 08:33 AM
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MARKET ACCESS CENTER: MORNING REPORTAhead of the Bell: Dow futures are trading up 41 points and S&P futures are trading up 4 points. Early indications are fortunes for the equity markets will turn around today following the previous trading sessions steep losses as investors appear to be pushing off concerns of slowing global growth. The Bank of Japan hinted that the world's third largest economy does not need additional stimulus for now as its aggressive stimulus was helping broaden the economic recovery. ...
Christian Sanfilippo
30 Apr, 2014 | 04:31 PM
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US equities finished near session highs on Wednesday following the FOMC's policy announcement, some mixed economic data and another round of earnings.  Materials and Discretionary led the S&P 500 higher, while Energy was the only group to finish in the red.  Crude oil and gold are both lower, as is the dollar which fell sharply against its major rivals.    ...
Parasnand Madho
7 Apr, 2014 | 08:30 AM
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Ahead of the Bell: Dow futures are trading down 52 points and S&P futures are trading down 7 points. Global shares slip, coming off a six year high after the World Bank trims its growth forecast for China and developing East Asian countries. The Bank said the region's economies were likely to see steady growth in the next couple of years, helped by a pick-up in global growth and trade, which would offset headwinds from the tightening of global financial markets. ...
Parasnand Madho
20 Mar, 2014 | 08:23 AM
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Ahead of the Bell: Dow futures are trading down 25 points and S&P futures are trading down 3 points.  Global stocks continue to retreat today on Fed worries, China slowdown and geopolitical concerns in Ukraine.  Federal Reserve Chair, Janet Yellen said yesterday, after the FOMC concluded its meeting that the central bank might end its bond-buying program this fall and could start to raise interest rates six months later.  This brings forward the timing of the rate hike by a few months and accelerates the market expectations of an increase in the F ...
Parasnand Madho
18 Mar, 2014 | 08:21 AM
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Ahead of the Bell: Dow futures are trading up 61 points and S&P futures are trading up 6 points.  Russia remains defiant and vows to annex Crimea, while China's economy continues to slow down. Reports say Russia's Vladimir Putin has signed an order to adopt Crimea as part of the Russian Federation after the mainly Russian-speaking region of the port city voted in a referendum in favor of joining Russia. The US and its European Union allies have imposed sanctions on a small group of Russian and Crimean officials. ...
Giuseppe Montefinese
21 Feb, 2014 | 05:36 PM
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U.S. stock indexes finished fractionally lower on Friday after swinging between gains and losses through the session. M&A continued to grab headlines along with another round of earnings, soft U.S. Home Sales data and the peace deal in Ukraine.  Telecom and Energy were the S&P 500’s worst performers while Utilities and Discretionary topped gains.  Gold rose, oil slipped, and the dollar was relatively flat.  ...