Now to the state of the u. S. Economy. Janet yellin getting grilled by lawmakers up on capitol hill. Stocks seem to like what they heard. Investors in stocks. Stocks have no mind in and of themselves. Its the investors who move it. But the investors like what they heard initially. Our senior economic reporter Steve Liesman has the details. Hi, steve. Tyler, thank you. Fed chair janet yellin giving no hint at the first feds first rate hike in nine years is imminent or that its not coming. The only definitive statement on the outlook for Monetary Policy is that it depends on the Economic Data and as long as that word patient is in the statement, there wont be a rite rate hike for at least two meetings. The fomcs assessment that it can be patient beginning to normalize policy means that the Committee Considers it unlikely that Economic Conditions will warrant an increase in the target range for the federal funds rate for at least the next couple of fomc meetings. As tyler said the fixed i
The Dow Jones index closed higher by over 150 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
The Dow Jones closed lower by around 40 points on Monday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
India’s target of becoming a net exporter of new and renewable energy is expected to receive a boost after Monday’s MoU with the Arabian Peninsula’s largest country, which is also one of its largest oil & gas source.