As of 4:04 PM EDT the countdown to the FOMC meeting is four days, 21 hours, 56 minutes and 24 seconds away, this according to the countdown clock on the CME’s FedWatch tool.
Recent Reports
When it comes to statements made today by the ECB President, Mario Draghi, the devil is in the detail, or in today’s case the lack of details. Comments made by the ECB President today put bearish pressure on both U.S.
The Standard & Poor’s 500 closed at an all-time record high today. After factoring in today’s gains of 14.09 points the index is now fixed at 3019.56. The NASDAQ composite also closed at a new all-time record high.