Which ETFs look best following the Fed’s decision not to raise interest rates? Eddy Elfenbein of the Crossing Wall Street blog and Gina Sanchez of Chantico Global discuss with Brian Sullivan.
The gold miners ETF, the GDX, surged after the Fed’s decision to keep interest rate targets on hold. Eddy Elfenbein of the Crossing Wall Street blog and Gina Sanchez of Chantico Global discuss with Brian Sullivan.
Following the Fed’s decision to hold off on a rate hike, have equities become more attractive? Eddy Elfenbein of the Crossing Wall Street blog and Gina Sanchez of Chantico Global discuss with Brian Sullivan.
*Fed signals could tighten policy by year end. NEW YORK, Sept 21- U.S. stocks gained and the dollar index eased on Wednesday after the U.S. The body language makes it sound like they're warming people up for December, "said Stephen Massocca, chief investment officer, Wedbush Equity Management in San Francisco.
*Fed signals it could still tighten by year end. Sept 21- Wall Street gained on Wednesday after the U.S. "I don't think anybody is too surprised," said Alan Rechtschaffen, portfolio manager at UBS in New York.
Sept 21- Harley-Davidson Inc. shares jumped nearly 7 percent early on Wednesday as speculation resurfaced the company was a buyout target of equity firm Kohlberg Kravis and Roberts. Shares then pared gains after a company spokesperson said the company was not "aware of" anything specific that boosted the shares about 6.8 percent. "We don't comment on rumors,"...
Todd Gordon of TradingAnalysis.com trades CVS.
TOKYO, Sept 21- The Bank of Japan made an abrupt shift on Wednesday to targeting interest rates on government bonds to achieve its elusive inflation target, after years of massive money printing failed to jolt the economy out of decades-long stagnation. "The impression is that the BOJ is starting to pull back some of its troops from the battlefront," said...
NEW YORK, Sept 21- Global stock indexes rose and the dollar fell to its lowest against the yen in nearly a month on Wednesday after the Bank of Japan overhauled its monetary policy to target interest rates and ahead of a Federal Reserve decision later in the day. The Fed will announce its policy decision at 2 p.m. EST. "The BOJ made some dovish comments and that has given...
*Fed statement on monetary policy due 2:00 p.m. ET. Sept 21- Wall Street rose on Wednesday, helped by gains in technology and energy stocks, ahead of the Federal Reserve's decision later in the day. The Fed is scheduled to release a statement at 2:00 p.m. ET, followed by Chair Janet Yellen's press conference.
*Yields climb earlier as BOJ changes policy stance. NEW YORK, Sept 21- U.S. It held its policy rate at -0.10 percent and left its annual asset purchase at 80 trillion yen.
*Fed statement on monetary policy due 2:00 p.m. ET. Sept 21- Wall Street was higher on Wednesday morning, boosted by gains in technology and energy stocks, ahead of the Federal Reserve's decision later in the day. The Fed is scheduled to release a statement at 2:00 p.m. ET, followed by Chair Janet Yellen's press conference.
*Fed statement on monetary policy due 2:00 p.m. ET. Sept 21- Wall Street looked set to open higher as investors expected the Federal Reserve to stand pat on interest rates after a two-day meeting ending on Wednesday. The Fed is scheduled to release a statement at 2:00 p.m. ET, followed by Chair Janet Yellen's press conference.
NEW YORK, Sept 20- The dollar edged up while world stock indexes were flat on Tuesday as investors awaited the outcomes of Federal Reserve and Bank of Japan policy meetings that will conclude on Wednesday. But the focus will be on Chair Janet Yellen's speech on Wednesday for any hint that the U.S. central bank could hike rates as soon as December.
Boris Schlossberg of BK Asset Management and Jeff Weiss of Clearview Trading Advisors discuss the lagging sector with Brian Sullivan.
Is a rocky market around the corner? Boris Schlossberg of BK Asset Management and Jeff Weiss of Clearview Trading Advisors discuss with Brian Sullivan.
Sinclair said that while it previously anticipated a decline in presidential ad spending based on late fundraising by the campaign of Republican nominee Donald Trump, it has yet to see significant spending even at the levels it initially expected. Leslie Moonves, chief executive of CBS Corp, downplayed Sinclair's warning in remarks at an investor...
*Fed statement due at 2:00 p.m. ET Wednesday. Sept 20- Wall Street edged higher on Tuesday, helped by gains in healthcare shares, as investors awaited the outcome on Wednesday from monetary policy meetings in the United States and Japan. "Not many think the Fed is going to hike tomorrow, but whether they change the language to get a little more hawkish, there's been...
Even though GoPro shares have cratered over the past year, trader Todd Gordon thinks the company is set to rally into the holiday season.
Sept 20- Wall Street was higher on Tuesday afternoon, helped by gains in healthcare stocks and an overall sentiment that the U.S. Traders have priced in a mere 18 percent chance for a rate hike by Wednesday, according to The CME Group's FedWatch tool. "Investors have become more comfortable knowing that a Fed rate hike decision will be put off until future meetings,...