Time for the Santa rally? U.S. stock market futures extend post-Fed swing higher

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Post-Fed upswing in stocks looking set to continue

What’s happening On Wednesday, the Dow Jones Industrial Average DJIA, +1.08% rose 383 points, or 1.08%, to 35927, the S&P 500 SPX, +1.63% increased 76 points, or 1.63%, to 4710, and the Nasdaq Composite COMP, +2.15% gained 328 points, or 2.15%, to 15566.

“Based on asset price moves during the meeting and after, fear ahead of the FOMC meeting was probably even more exaggerated than we thought,” said Steve Englander, head of global G10 currency research and North America macro strategy at Standard Chartered. Mike Kramer of Mott Capital Management attributed the stock-market rise to the decline in volatility. “The rally in stocks was purely driven by the move lower in the VIX VIX, -4.35%, as implied volatility levels drop. We see this often these days,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Heads up for those looking to transform their trading careers! Buy $DTII stocks and watch your career, no, your entire life turn 180 degrees for the better!

Forgive me for the rant but I've been watching $DTII, and let me just tell you, the trend chart is a work of art. You definitely don't want to miss out on this stock- buy your stocks now before it's too late! PennyStockFinds

Looking for reliable penny stocks with low risk and high potential to grow? Buy $DTII stocks today at surprisingly low prices and make huge profits before it breaks out and stock prices surge! Place market orders now before you lose this opportunity!

It is a new stock making waves in the market and booming quickly $DTII!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Close Higher as Investors Welcome Fed DecisionStocks rallied after the Fed opened the door to a spring rate increase. The Dow erased early losses to gain 380 points and Treasury yields rose. Nothing like an interest rate increase to make stocks rally! Opposite world. The momentary system is anthropocentric & unnecessary. Post scarcity - the solution... Poverty is essential in the current system. Value is an agreement. Technology in place of manufacturing & production creates abundance. No one needs to work. Governments represent corporations good luck
Source: WSJ - 🏆 98. / 63 Read more »