With just under an hour to go before the opening bell Tuesday, futures on the major stock indices are showing a modest bounce on the heels of Monday’s massive selloff. Dow futures are up 140 points, S&P 500 futures rose by 17 and Nasdaq futures added 32. Later, the Federal Reserve will unveil its decision on the direction of interest rates after its regularly scheduled FOMC meeting.
From Fox News
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
2 comments:
translation:
Fed interest rates are going up. which is GOOD for stock market, good for FED, good for US Government - BAD for you the consumer, we are gonna get murdered by high cost of Food, clothes, and the things we need. It is going to be a bad 2012. Get ready.
You guys wrote off the huge gains we've seen in stocks over the last 2 yrs as not being important. But now you are hanging on every dip of the market? hmmmmmm
Post a Comment