Chairwoman Janet Yellen today eluded to the fact that an interest rate hike this month is almost a certainty.
Recent Reports
Today traders aggressively moved gold prices lower, resulting in the largest drawdown in a single day this year. As of 3 o’clock Eastern Standard Time, gold futures (April 2017 contract) are off by over $16 trading at $1233 80.
Trading up over 325 points and gaining 1 ½ percent on the day, the Dow Jones Industrial Average advanced above 21,000 today for the first time in history.
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