Dissent within the Federal Open Market Committee (FOMC) appears to be far greater than initially believed.
The central bank's predictability, which Wall Street holds dear, may soon be a distant memory.
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For the better part of the last seven years, Wall Street's major stock indexes have been unstoppable. The broad-based S&P 500 (SNPINDEX: ^GSPC) has rallied at least 16% in six of the last seven years, ...
[BRIEFING.COM] The S&P 500 (-0.3%), Nasdaq Composite (-0.5%), and DJIA (+0.5%) have traded in a mixed fashion, with mega-cap weakness tempering broader gains ahead of this afternoon's FOMC decision.
[BRIEFING.COM] The stock market captured solid broad-based gains this afternoon following the FOMC's decision to reduce the federal funds rate by 25 basis points, snapping a streak of muted sessions ...
The S&P 500 Index ($SPX) (SPY) today is up +0.04%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.12% ...