Despite billions in bond-buying "quantitative easing" and near-zero interest rates courtesy of recent Fed policy, Americans have stashed $1.8 trillion in low-yield accounts since the QE program started in 2008.
It's a failed stimulative policy that has left a shocking $10.8 trillion on the sidelines. But when it comes to investing in stocks in particular, the news gets even worse.
This trend is truly ominous…
Dow Jones Futures Rise 40 Points; Here Are 8 Stories to Know Before Market Open
Stock market news today, August 21, 2014: Dow Jones futures were up 40 points (0.24%) this morning (Thursday). S&P futures gained 3.75 points (0.19%) and Nasdaq futures were also up 5.25 points (0.13%).
Yesterday saw the release of minutes from the most recent Federal Open Market Committee meeting in July. The minutes revealed that the U.S. Federal Reserve was impressed by job market's resilience, but still decided to wait on its decision of when it will raise interest rates.Here are the top eight stories in the stock market today...
What Markets Are Doing After Today's FOMC Meeting Minutes Release
The three major indexes all dropped in unison shortly after the release of the minutes from the U.S. Federal Reserve's July Federal Open Market Committee (FOMC) meeting, reflecting Fed sentiment that accommodative monetary policy could end sooner than expected if improvements continue in the labor market.
While the Fed made no remarks on an explicit timetable for interest rate hikes, which is what the markets are observing attentively, the minutes did indicate that the situation in the labor market was looking healthier and improving quicker than expected.Here's what the Fed's agenda will be for the rest of the year...
How Will Today's FOMC Meeting Minutes Move the Markets?
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) meeting minutes from July will be released this afternoon and once again the nation's central bank won't be looking to pull any tricks.
All in all, the announcements this year out of the Fed have been predictable, and current Fed chairwoman Janet Yellen has continued to follow the same path that her predecessor Bernanke left her when he departed from the post in February.But even the predictable Fed talk can be felt on Wall Street...
Stock Market News Today: Another Fine for BAC; Dow Sheds 31 Points After Fed Meeting
Stock market news, July 30, 2014: U.S. markets failed to rally this morning despite news that the economy grew by 4% in the second quarter and ADP reported that private-sector employers added 218,000 jobs in July.
The markets remained mixed until the afternoon, awaiting announcement from the conclusion of the two-day FOMC meeting. The Dow Jones lost more than 40 points after the Fed said it would cut bond purchases again, but offered little insight into future rate hikes.Now, here are the top stock market news stories from today...
FOMC Meeting: Fed Keeps Same Narrative, Taper Proceeds – but Markets Move
The U.S. Federal Reserve stuck to its usual script today after the Federal Open Market Committee (FOMC) meeting. The Fed announced the expected $10 billion cut to its almost two-year-old bond-buying program and reaffirmed its intention to keep interest rates low for a "considerable" period of time.And yet the markets reacted to this "non-news" as if it were a surprise...
Fed Taper Will Highlight Today's Uneventful FOMC Meeting
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) meeting will end today (Wednesday) with a statement release at 2 p.m. EDT, though it's not likely that the markets will be spooked by what has become a very predictable central bank.Here’s what we can expect from today’s Fed meeting…
Dow Jones Futures Slip 142 Points; U.S. Markets Brace for Fat Losses Today
U.S. markets today, July 10, 2014: Dow Jones futures today (Thursday) were down 142 points, S&P 500 futures slipped 16 points, and Nasdaq 100 futures fell 35 points as of 8:30 a.m. EDT.
European and Portuguese losses are dragging U.S. markets. Additional downward pressure comes from a delayed negative reaction to Federal Open Market Committee (FOMC) meeting minutes released Wednesday, which revealed Fed plans to end its bond-buying program in October.Here's a roundup of the top stories affecting the stock market today...
Silver Prices Today Ride FOMC Minutes to Slight Gains
Silver prices began to flounder this week coming off impressive gains in the previous month, but the U.S. Federal Reserve provided a quick spark in afternoon trading Wednesday.Here are the details...
Stock Market News: Dow Jones Jumps on FOMC Minutes, Plus These Top Stories
Stock market news today, July 9, 2014: The Dow Jones Industrial Average jumped more than 70 points on Wednesday following the release of minutes from the Federal Open Market Committee's June meeting and a strong second quarter report from aluminum giant Alcoa Inc. (NYSE: AA) to kick off earnings season.
According to S&P Capital IQ, analysts expect Q2 earnings from S&P 500 companies to grow by more than 6%. That's a strong gain from Q1's 3.4% in growth earnings.Here's the scorecard from today's trading session, and a roundup of the top stories in the stock market today...
FOMC Meeting Minutes Reveal End Date on Quantitative Easing
The minutes from last month's FOMC meeting show that the Fed expects to end its bond-buying program by October. Just a few months ago the Fed said it could start raising interest rates six months after QE ended.But that's not what the FOMC minutes are telling us...
Don't Expect Too Much from the FOMC Meeting Minutes Today
Markets shouldn't be too surprised when the minutes of last month's Federal Open Market Committee (FOMC) meeting are released this afternoon, unless there is some change in the U.S. Federal Reserve's tune on interest rates or tapering.Here are the only things to watch for that could have an effect on markets today.
U.S. Markets Today Rise After FOMC; BBRY Stock Gets a Bump
U.S. markets today (Wednesday) rose sharply after the conclusion of the Federal Open Market Committee's (FOMC) June meeting. As expected, the Fed announced it would taper another $10 billion from its monthly bond-purchasing program and that interest rates would remain low in order to incentivize job development and economic growth.
Here's the scorecard from today's trading session:
DOW: 16,906.62 (+0.58%)And here are the top stories that affected the U.S. markets today...
S&P 500: 1,956.99 (+0.77%)
NASDAQ: 4,362.84 (+0.59%)
FOMC Meeting Today: Lower Growth, Higher Rates
The two-day Federal Open Market Committee meeting wrapped up today (Wednesday) with the U.S. Federal Reserve revising down its previously more optimistic economic growth forecasts, and reinforcing expectations that interest rates will climb faster than what was previously anticipated.Here are the details.
AMZN, BBRY, FDX Among Hot Stocks on the Move Today
Today's hot stocks: While the FOMC meeting took center stage on Wall Street today, a number of stocks moved on earnings, company developments, and analysts' actions.
Featured on Wednesday's hot stocks to watch list is an economic bellwether hitting an all-time high, a biopharmaceutical company surging on a promising treatment for lung infections, and a biopharma skyrocketing in its IPO.Check out 12 of Wednesday's movers - including AMZN, BBRY, and FDX - and find out what's behind their action...