Following U.S. Federal Reserve Chairwoman Janet Yellen's indecipherable message during yesterday's FOMC meeting, the Dow Jones Industrial Average finished up 72 points Wednesday. The Fed maintained interest rates at their current levels and reduced the number of increases that the FOMC committee expects for the rest of the year. In a somewhat rambling post-FOMC conference, Yellen touted job growth (4.9% employment rate), spoke extensively about the "Phillips Curve," and later signed off with the message that the Federal Reserve is not considering negative interest rates as a policy decision.
And here's the top stock market news, stocks to watch, and economic calendar for March 17, 2016.
Dow futures forecast a 38-point decline as traders digested yesterday's FOMC meeting and attempted to make any sense of Janet Yellen's answers to questions from the financial media.
Here's a breakdown of why the Dow is dipping this morning.
Now here's your list of top stocks to watch in today's market, plus today's economic calendar:
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