The Dow Jones today traded lower in pre-market trading as investors awaited an announcement from Fed Chair Jerome Powell on interest rates.
Markets are anticipating that the Fed will increase the benchmark rate and set a pace for up to four rate hikes in 2018.
by Jack Delaney
The Blue Buffalo acquisition is sending the Blue Buffalo stock price surging.
General Mills is going to pay $8 billion for the pet food company.
The Dow Jones today is trending upward in pre-market hours as traders anticipate four speeches from Federal Reserve officials today that could divulge clues about upcoming rate hikes. Dow Futures projected a near 100-point gain in pre-market hours after the 10-year bond dipped back under 2.9%.
The Dow Jones today is set to rise as Republicans get closer to passing the tax reform bill.
Dow futures are up 100 points this morning as markets cheer on the passage of the new tax reform bill in the Senate.
In Dow Jones news today, the Dow fell as investors started to fear President Trump will not be able to cut taxes as quickly as expected.
Investors are also weighing falling oil prices, rate hikes, and the bank stocks that slumped today.
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The top three stocks to watch today are DB, ESPR, and GIS.
Four Federal Reserve presidents will be speaking today, along with day two of the confirmation hearing for Supreme Court nominee Judge Neil Gorsuch.
Here's what you need to know this morning...
The stock market news today centers around the Dow ticking higher as markets await another busy day of statements by members of the Federal Reserve.
Four Federal Reserve bank presidents will take to the podium today to discuss monetary policy and the health of the U.S. economy.
The Dow Jones Industrial Average today is up before the Fed reaches a decision on whether or not to raise interest rates.
Investors are confident that the Fed won't raise interest rates until December.
