Stocks down :( because….

Wall Street flat after Fed minutes

Official portrait of Federal Reserve Chairman ...

Official portrait of Federal Reserve Chairman Ben Bernanke. (Photo credit: Wikipedia)

Summary:

  • The Dow slipped and the S&P 500 edged up less than a point on Wednesday, interrupting a four-day rally, because investors are getting mixed signals from the Federal Reserve about the stimulus thats being pumped into the economy, thus showing there’s low confidence in the investors on the market.
  • But the strange thing is U.S. stocks increased after the market closed today at 4pm, because Bernanke’s (Chairman of the Federal Reserve) comments sent U.S. stock index futures higher. The central

    bank has said it will continue buying bonds until the labor market

    outlook improves substantially. Which gave investors confidence AFTER the market closed today.
     

     

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Categories: Capital Markets

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