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The Closing Bell: U.S. Stocks Cool off Slightly After Hitting Record Highs

TedTed
edited August 2016 in The Bullpen
FYI:
.S. stocks eased from record highs on Tuesday after New York Federal Reserve Bank President William Dudley said an interest rate hike in September was possible.

Dudley cited recent labor market gains in his comments, which came ahead of an annual meeting of central bankers from around the world in Jackson Hole, Wyoming, next week.

The comments raised traders' expectations of a U.S. rate hike this year, according to the CME Group's FedWatch tool.
Regards,
Ted
WSJ:
https://www.google.com/#q=Stocks+Fall+on+Hints+of+Rate+Rise+in+2016+wsj

Bloomberg:
http://www.bloomberg.com/news/articles/2016-08-15/asian-futures-signal-gains-after-u-s-records-dollar-holds-drop

Reuters:
http://www.reuters.com/article/us-usa-stocks-idUSKCN10R12P

MarketWatch:
http://www.marketwatch.com/story/us-stocks-hunt-for-another-record-session-as-dollar-tumbles-2016-08-16/print

USA Today:
http://www.usatoday.com/story/money/2016/08/16/us-stock-market-dow-jones-industrial-average-sp-500/88820672/

IBD:
http://www.investors.com/market-trend/stock-market-today/stocks-fall-oil-rises-dicks-sporting-goods-a-bright-spot/

WSJ Markets At A Glance:
http://markets.wsj.com/us

Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker

Current Futures: Negative
http://finviz.com/futures.ashx
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