-
Wall Street struggles to decode Fed decision
Investors can't decide if they love or hate the Fed's decision to keep interest rates steady. Stocks zigzagged between big gains and modest losses on Thursday after the Fed kept rates near zero due to concerns about global growth. Ultimately the markets ended somewhere in between, with the Dow closing down 65 points and the S&P 500 off 0.25%. The Nasdaq gained 0.4%. Wall Street struggled to wrap its head around what the Fed decision telegraphs about the U.S. economy. The Fed decision was one of the most highly anticipated events in recent Wall Street history. A rate hike would have been a watershed moment, the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 17, 2015 7:19pm Sep 17, 2015 7:19pm
- Bankerssuck
- | Membership Revoked | Joined May 2014 | 534 Comments
- Comment #2
- Quote
- Sep 17, 2015 7:29pm Sep 17, 2015 7:29pm
- Mrdj
- | Joined Apr 2013 | Status: Member | 3 Comments
- Comment #3
- Quote
- Sep 17, 2015 10:21pm Sep 17, 2015 10:21pm
- Guest
- | IP XXX.XXX.162.119