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Market Recap: 8/17/16

FYI: Indexes were mostly negative to begin the day but frowns turned upside down as dovish Fed minutes were released. The S&P 500 gained 0.19% while the NASDAQ added 0.03%. Some voting Federal Reserve policymakers expect that a U.S. interest rate increase will be needed soon, although there is general agreement that more data is needed before such a move, according to the minutes from the Fed’s July policy meeting.
Regards,
Ted
https://www.stocktrader.com/2016/08/17/market-recap-aug-17-2016/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Stocktrading101+(StockTradingToGo)
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