The March FOMC meeting minutes were released this afternoon
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| | | 4/10/2019 | |
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| Stocks Muscle Higher on Dovish Fed | | By Emma Duncan | | The U.S. stock market closed higher, as investors digested the Federal Open Market Committee's (FOMC) March meeting minutes, released mid-afternoon, which showed the central bank supports no rate changes this year. This forecast -- down from the two rate hikes projected in December -- is a reaction to concerns over a slowing global economy, Brexit uncertainty, and the U.S.-China trade spat. While the Dow muscled to a win on tailwinds from big bank Goldman Sachs (GS), the S&P 500 gained ground on the back of a positive earnings reaction for Delta Air Lines (DAL). Continue reading for more on today's market, including: | | >> Continue reading... | |
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