U.S. stocks posted modest losses at the start of trade Wednesday, as investors prepared for the conclusion of a two-day Federal Reserve meeting later in the afternoon.
Economic forecasts, as reflected by the so-called dot plot, are expected to show policy makers scaling back rate-hike expectations. Powell, however, is expected to stop short of signaling a potential rate cut. The central bank is also expected to outline Wednesday plans to halt the shrinking of its balance sheet.Stocks gave up early gains to end mostly lower Tuesday after mixed headlines surrounding U.S.-China trade talks. A Bloomberg News report said China was pushing back against U.S.
General Mills Inc. GIS, +4.11% shares rose 3.4%, after the branded consumer foods maker reported fiscal third-quarter profits above expectations, while raising its outlook for the full year.
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Tradpaus index, measures the percentage of stocks above their 200 day average, has been 'fading' lately .
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Week Ahead: Fed to make important forecasts as stocks on 'precipice' of breaking outThe Fed's meeting is the big deal for markets in the coming week, and it is widely expected to send a message that investors could find bullish. Easy squeezy lemon peasy They’re going to wait until the Recession starts before doing anything. Kinda like what they did under Bush.
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Stocks are up as traders shift focus to see just how 'patient' the Fed will be'The prospect of low rates for longer is music to the ears of equities, as firms benefit from lower borrowing costs,' said Jasper Lawler at London Capital Group. Most millennials can't afford stock investments. Our poor asses won't invest in your companies. This is what happens when your country allows borderline slave labor. We are only as rich as our poorest citizen. We could be so much better. I agree. Fed is a massive problem
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Stocks rise ahead of Fed meeting; Boeing drags on DowU.S. stocks trade mostly higher as investors look ahead to this week’s meeting of Federal Reserve policy makers; losses for aircraft maker Boeing threaten to...
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Asian stocks set to open lower as investors await US-China trade developmentsShares in Asia were poised to slip at the open on Monday morning as investors awaited developments on the U.S.-China trade front. That's going to be a long wait! Again!!! Where's the brain? Wait. What? We can’t go up every day on the same news? “ Kudlow/ Trump says he’s optimistic about trade”.
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