Good morning! The Dow Jones Industrial Average today, Oct. 9, will move on this top stock market news...
Dow futures were up 44 points this morning as traders digest yesterday's release of the minutes from the September FOMC meeting and prepare for two speeches by members of the U.S. Federal Reserve. During speeches by Atlanta Federal Reserve Bank President Dennis Lockhart and Chicago Federal Reserve Bank President Charles Evans, investors will be searching for additional clues on when the Federal Reserve may take action and tighten monetary policy.
On Thursday, the Dow added 139 points after the Federal Reserve released its September minutes. According to text of the meeting, the bank was close to raising rates, but members of the committee were more concerned about finding new evidence that concerns about the global economy would not knock the United States off track. The markets don't expect the Fed to tighten monetary policy until March 2016.
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