The Federal Reserve this week fired its first warning shot on higher interest rates by the end of the year, awaking the bears from hibernation. But the damage to equities is likely to be minimal and once Wall Street regains its composure, the stock market is expected to grind higher.
Similar Stories to Newswatch: Stock Market Could Test New Highs As Rate Hike Jitters Fade on Bing News
MarketWatch.com - Top Stories, MarketWatch
Sat, 08/27/2016 - 2:00pm
BING NEWS:
- Stock market today: Indexes mixed after Fed meeting as Powell calms nerves over possible hike
The Federal Reserve's next policy move is "unlikely" to be a rate hike, Chairman Jerome Powell said after the FOMC meeting on Wednesday.
05/1/2024 - 9:08 am | View Link - Stock market today: Wall Street rallies after Federal Reserve chair says rate hikes are unlikely
Stocks are rallying after the head of the Federal Reserve said its next move on interest rates is unlikely to be a hike. The S&P 500 rose 1% Wednesday after ...
05/1/2024 - 8:12 am | View Link - Stock market today: Wall Street swings after Fed keeps interest rates high, downplays odds of a hike
U.S. stocks are rising Wednesday after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so much are still likely, even if they're delayed because of stubbornly ...
04/30/2024 - 7:31 pm | View Link - More
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