Good morning! U.S. stock futures for Thursday, April 30, forecasted a 25-point decline from Wednesday's close. The markets are reacting to shifts in the U.S. dollar and to the Federal Reserve's statements that it will raise interest rates on a meeting-by-meeting basis.
- CRM, BIDU, and XOM Are the Biggest Stocks to Watch Today
- Facebook (Nasdaq: FB) Stock Is on Fire – So Don't Get Burned
Facebook (Nasdaq: FB) stock closed over $39 for the first time ever Monday, but the gains were short-lived. In mid-morning trading Tuesday, FB shares slipped more than 2% to $37.94.
Nonetheless, Monday's milestone, which took a long 14 months to achieve, left many investors giddy - and confused.