Although it failed to close at another record high on Thursday, the Dow Jones Industrial Average reached a new intraday record high.
increase
Consumer ReportsConsumer Reports
June futures for Brent crude oil
June gold futures
Bottom line: The importance of the quantitative easing program stock market performance became apparent on Thursday after Philly Federal Reserve President Charles Plosser announced that he would advocate attenuation of the program at the next FOMC meeting. The major stock indices headed south after widespread publication of Plosser’s remarks.
Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to Wall Street Sector Selector’s Disclaimer, Terms of Service, and Privacy Policy before accessing or using this or any other publication by Wall Street Sector Selector or Ridgeline Media Group, LLC.
increase
Consumer ReportsConsumer Reports
June futures for Brent crude oil
June gold futures
Bottom line: The importance of the quantitative easing program stock market performance became apparent on Thursday after Philly Federal Reserve President Charles Plosser announced that he would advocate attenuation of the program at the next FOMC meeting. The major stock indices headed south after widespread publication of Plosser’s remarks.
Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to Wall Street Sector Selector’s Disclaimer, Terms of Service, and Privacy Policy before accessing or using this or any other publication by Wall Street Sector Selector or Ridgeline Media Group, LLC.