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The Closing Bell: Stock Market Slumps After Fed Lifts Rates For Second Time In 2018

TedTed
edited June 2018 in Fund Discussions
FYI: U.S. stock benchmarks retreated slightly Wednesday afternoon as the Federal Reserve’s raised benchmark interest rates by a quarter of a percentage point, as expected, and signaled that the domestic economic growth outlook warrants further rate increases.
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-06-12/asian-stocks-set-to-slip-as-central-banks-meet-markets-wrap

Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-06-13/your-evening-briefing

Reuters:
https://www.reuters.com/article/us-usa-stocks/wall-street-flat-as-fed-decision-awaited-idUSKBN1J91HI

MarketWatch:
https://www.marketwatch.com/story/us-stock-futures-climb-ahead-of-key-fed-decision-2018-06-13/print

IBD:
https://www.investors.com/market-trend/stock-market-today/tech-stocks-gains-fade-fed-raises-interest-rates/

CNBC:
https://www.cnbc.com/2018/06/13/us-stock-futures-dow-data-fed-decision-and-politics-on-the-agenda.html

Bonds:
https://www.cnbc.com/2018/06/13/bonds-and-fixed-income-investors-turn-to-fed-rate-decision.html

Currencies:
https://www.reuters.com/article/uk-global-forex/dollar-mixed-ahead-of-feds-interest-rate-decision-idUSKBN1J902K

Oil:
https://www.cnbc.com/2018/06/12/oil-markets-prospect-of-rising-supplies-in-focus.html

Gold:
https://www.cnbc.com/2018/06/12/gold-markets-fed-decision-in-focus.html

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

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

SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors

Current Futures: Mixed
https://finviz.com/futures.ashx


Comments

  • Bump
  • Pretty sad when you need to cheat and bump your own stuff. You'd be just the guy to crucify anyone else who did that.
  • edited June 2018
    @Ted. Why don’t you compose a few coherent paragraphs explaining in your own words what moved today, why it moved and why it mattered?

    Than the “bump” might possibly make sense.
  • Simple does as simple is.
  • Bump ups give more room for bump downs.
  • Old-Joe: I'll bump whenever I feel like it, if that doesn't suit you find another website
  • Years ago it was necessary to create multiple posting categories because of the sometimes controversial nature of Ted's postings. He has honored that arrangement up until this point. However he now claims the "right" to deliberately sabotage the existing categories by a simple cheat: he artificially "bumps" his posts into the unearned "comments +" section. If he is allowed to flaunt the posting rules at his discretion so may anyone else, eventually completely undermining the multiple category arrangements of MFO. I strongly suggest that the moderators advise him of the inappropriateness of his self-centered actions.
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