Stocks Rise On Dovish Fed Hike Hopes—Strong Retail Sales Surprise
Dovish Hike Hopium Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows
People think the Federal Reserve might raise interest rates more gently than feared. When interest rates stay lower, companies can grow faster and stocks tend to climb.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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