After hours stock quotes coverage from cnn. Get the latest news on the most important investing stories of the day as they happen. Us stock futures are pointing up this morning after yesterday’s rebound on wall street.
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Investors expect the fed to raise rate by three quarters of a percentage point in its effort to tame.
Stock market data coverage from cnn.
Us stock futures rose ahead of a consequential decision by the federal reserve. The dow plummeted nearly 900 points in late morning trading…and all 30 dow components were in the red. View us markets, world markets, after hours trading, quotes, and other important stock market activity. The dow closed 0.4% higher on monday, while the s&p 500 rose 0.7% and the nasdaq surged 1.3%.
That should decrease economic activity, make businesses rethink spending money and make consumer. With today’s historic rate hike, the fed hopes to make borrowing more expensive.
