Global Market and Economic Updates
Economy The Dow and S&P 500 hit new records yesterday, closing at 18,209 and 2,115, respectively, as investors attempted to infer a subtle change in emphasis from Fed Chair Janet Yellen’s testimony. Taking the word “patient” out of the FOMC’s policy statement, Yellen announced that the policymaking body would now decide on rates “on a meeting-by-meeting basis.” However, U.S. futures […]
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