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Dow Jones Today: Another Fed-Fueled Rally - or a "Quadruple Witching"?
Good morning! The Dow Jones today Friday could ride yesterday's Fed-driven 421-point surge. Or it could fall on "quadruple witching" - a market-dropping phenomenon that occurs when the expirations of single-stock futures, index options, index futures, and stock options all happen the same day.
Today, investors will listen to two speeches from members of the Fed Open Market Committee. They'll also watch for the S&P 500 to continue its 4.5% run since Wednesday morning.
Good morning! The Dow Jones today Friday could ride yesterday's Fed-driven 421-point surge. Or it could fall on "quadruple witching" - a market-dropping phenomenon that occurs when the expirations of single-stock futures, index options, index futures, and stock options all happen the same day.
Today, investors will listen to two speeches from members of the Fed Open Market Committee. They'll also watch for the S&P 500 to continue its 4.5% run since Wednesday morning.