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Wall Street stocks end higher after dovish Fed comments

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NEW YORK: Wall Street stocks finished higher on Thursday (Jul 18), snapping a two-day skid following dovish comments from a top Federal Reserve ...

NEW YORK: Wall Street stocks finished higher on Thursday , snapping a two-day skid following dovish comments from a top Federal Reserve official that shifted attention from mixed earnings.

Williams' remarks gave stocks"a little bit of a bounce," said Art Hogan, chief market strategist at National Securities.Hogan said it is still too early in earnings season to assess overall performance but that early reports have shown a strong consumer but vulnerability in the manufacturing sector.

 

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