Dow Jones Industrial Average News, 4/12/2016: Good news if you're U.S. Federal Reserve Chair Janet Yellen... President Barrack Obama said that she is doing a fantastic job heading the U.S. central bank on Monday. That makes one of us...
White House Press Secretary Josh Earnest said yesterday that Obama is "pleased" with Yellen, who took over as Fed chief in 2014. Yesterday featured the first private meeting between Yellen and the President, where the two discussed the U.S. economy.
Of course, the meeting was closed to the news media. We can just assume that he asked her to keep the "so-called" economic recovery going until November 2016. Or, maybe she explained to him that "P/E ratio" doesn't mean "profits and earnings" ratio, a not-so-well-known presidential gaffe from March 2009.
Here's today's top stock market news, stocks to watch, ways to profit, and economic calendar for April 12, 2016.
Dow Jones futures were up 12 points as a number of key firms report earnings for the March-ending quarter. Today, look out for earnings reports from CSX Corp. (NYSE: CSX), Fastenal Co. (Nasdaq: FAST), and ADTRAN (Nasdaq: ADTN).
Here's a breakdown of what's moving the Dow.
Don't make this popular mistake: Wall Street has soured on automakers. But it's missing an incredible opportunity with this carmaker. This company's pre-emptive strategy could mean a 41% surge in its stock...
Now here's your list of top stocks to watch in today's market, plus today's economic calendar:
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