Wednesday, August 1, 2018

Market Updates

Wall Street Breakfast

The Fed is not expected to raise interest rates at its meeting that ends this afternoon, but its policy statement is anticipated to set the stage for a September hike and may remove language about remaining accommodative. The announcement comes against a backdrop of debate in the markets, where disagreement reigns over how many more rate hikes the central bank will be able to carry through this year because of the flattening yield curve.


Morning Call

Overnight Markets and NewsSep E-mini S&Ps (ESU18 -0.07%) this morning are down -0.11% and European stocks are down 0.25% on ramped up trade tensions between the U.S. and China after people familiar with...


ADP Employment Report: Up 219,000

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