View us markets, world markets, after hours trading, quotes, and other important stock market activity. Investors expect the fed to raise rate by three quarters of a percentage point in its effort to tame. With today’s historic rate hike, the fed hopes to make borrowing more expensive.
The end is here LIBOR cessation looms for international finance
Stock market data coverage from cnn.
The dow closed 0.4% higher on monday, while the s&p 500 rose 0.7% and the nasdaq surged 1.3%.
It’s been giving investors and market reporters whiplash, and today’s rally shows the volatility is still here. That should decrease economic activity, make businesses rethink spending money and make consumer. The s&p rose 0.9%, while the dow gained a more moderate 0.5%, or about 160. Us stock futures rose ahead of a consequential decision by the federal reserve.
Us stock futures are pointing up this morning after yesterday’s rebound on wall street.
