- Stocks rose today because economic data has been released to ease concerns that the Federal Reserve might stop pumping stimulus into the economy.
- It won’t be until around September before we really hear about possible changes in Fed (policy), but the market is still sensitive to this data because companies want to protect against any possible downsides.
- The Dow Jones industrial average (.DJI) was up 0.14%
- The S&P 500 was up 0.37%
Categories: Equity Capital Markets