Home / stock market / MarketWatch declare : Stock market in holding pattern as Fed monetary decision looms

MarketWatch declare : Stock market in holding pattern as Fed monetary decision looms

collected by :Dicson Walt

as informed in

“This meeting is not really about whether the Fed hikes.
That market is pricing in about three rate hikes of a quarter of a percentage point each for 2017.
“Investors are anxious to see read into the Fed statement as whether or not we will be dealing with an aggressive or less aggressive monetary policy going forward.
What’s most important is the signal that they give about further rate hikes this year,” Luke Bartholomew, an investment manager at Aberdeen Asset Management, wrote in a note.
But investors will be eager to glean signals about the timing and pace of future rate hikes from the FOMC’s policy statement.

as mentioned in

U.S. stocks opened virtually unchanged on Monday as investors remained on the sidelines ahead of this week’s Federal Reserve meeting.
The S&P 500 SPX, +0.04% was flat at 2,371.
Most investors expect the Fed to deliver a rate hike.
The Dow Jones Industrial Average DJIA, -0.10% began the session at 20,909.
The Nasdaq Composite COMP, +0.24% was unchanged at 5,861.

Stock market opens little-changed as Fed meeting looms*/

as mentioned in

Stock market competition sees new high school leader

If you wish to comment please login using your social ID or create a new account.
We have recently upgraded our commenting system.

Stock market competition sees new high school leader*/

read more
visit us

stock-market

Check Also

US-North Korea tensions command equity market activity

Stock Market News (European Open) – US-North Korea tensions command equity market activity, induce spike …