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Reports of gains in home construction and low inflation have stocks rising on Wall Street. Traders are also expecting the Federal Reserve to continue its programs aimed at propping up the economy. The Fed wraps up a two-day meeting tomorrow.
Stocks are in a bit of a holding pattern as traders wait to hear from the Federal Reserve about its plans for interest rates and the economy.
Stocks had a solid day of gains ahead of tomorrow's Federal Reserve policy-making meeting.
Stocks are posting strong gains today as traders anticipate this week's Federal Reserve policy meeting. The expectation is that the Fed will continue its stimulus of the U.S. economy when it meets this week.
It's a new trading week and hope springs eternal. Investors are looking for a stock market rebound this week after disappointing reports on the U.S. economy helped push the market lower Friday.
Traders are unhappy with two disappointing economic reports. Factories weren't as busy as expected and consumer sentiment fell in June.
Tepid economic reports are helping to push stocks lower today as a turbulent week on Wall Street comes to an end. A Thomson Reuters/University of Michigan survey reporting that consumer sentiment fell in June. A measure of industrial production in the U.S. also fell short.
Investors are hoping the stock market climbs higher today as the volatile trading week ends. Stocks closed sharply higher yesterday on news the number of people seeking unemployment benefits declined and retail sales in May increased.
Investors focusing on positive news about the U.S. economy. That caused stocks to surge today on Wall Street. The Dow ended up 180 points, or 1.2 percent, at 15,176.
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