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For the day, the Dow Jones Industrial average rose 65 points to 17,500. Nasdaq jumped 57, and the s p 500 was up 12. For the week, the dow was the outlier. Down fractionally and posting its fourweek losing streak since 2014, its first one. Nasdaq did just the opposite, snapping its own fourweek losing streak and scoring the biggest weekly index gains. And the s p 500 broke its own skid, up after three weeks of losses. All in all, it was an eventful week, chock a block with reminders for investors as we turn toward summer. Reminder number one. The fed matters, and it may raise Interest Rates this summer. The minutes from the april meeting released wednesday all but said so. Not a promise, but lots of hints. And it wasnt just hints in the minutes. It was fedspeak. Listen to bill dudley of the new york fed. The economy looks like its growing above trend and inflation is stabling, the labor market is tightening. All that chatter caused fed fund futures to bet on federal bank policy to spik

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