Market Comment: Waiting on the Fed

Market Comment: Waiting on the Fed
Local News

By scott miller

Investors are on tenterhooks waiting to see what the Federal Reserve will do, or more pertinently say, when it meets this week. As a consequence, the stock market had a wild week of ups and downs. The Dow, for instance, traveled 905.01 points one way or another over the five days, though it finished only 0.6 percent lower for the week. For the record, it was six years ago this month that stocks hit their post-recession lows with the S&P bottoming out at 676.53 (it closed at 2,053.40 on Friday), while the Dow dropped all the way to 6,443.27 (it’s …

Source:: Vail Daily Feed