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Monthly Archive: March 2016

Mar 31 2016

Wall St flat after recent gains

Market Recap 3/30/16:   U.S. stocks rose on Wednesday as investors continued to take heart from Federal Reserve Chair Janet Yellen’s recent comments on interest rates. In a speech on Tuesday, Yellen indicated that the central bank wouldn’t be aggressive in raising interest rates, suggesting that markets could expect two increases this year instead of the four that …

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Mar 30 2016

Wall St rises after Yellen comments; indexes near highs of year

Market Recap 3/29/16:   U.S. stocks rose on Tuesday, advancing in a broad rally after Federal Reserve Chair Janet Yellen urged caution on interest rates. In a speech, Yellen said that global risks remained for the economy, which indicated that the central bank wouldn’t be aggressive in raising interest rates. Investors had been expecting the …

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Mar 29 2016

Wall St edges lower as investors look ahead to Yellen

Market Recap 3/28/16: U.S. stocks ended a volatile session flat on Monday, with investors torn over some mixed economic data, which showed weak consumer spending growth in February, along with a drop in inflation. While the data pointed to a market that continues to struggle with growth, they also suggested that the Federal Reserve may …

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Mar 28 2016

Wall St edges up in quiet session

Market Recap 3/24/16: U.S. stocks ended flat on Thursday, with investors finding few reasons to make big bets in either direction. Trading was particularly quiet going into the Good Friday market holiday; many market participants closed out their positions ahead of the holiday to protect against any news that could break over the weekend. Energy …

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Mar 24 2016

Wall St falls with investors concerned about interest rates

Market Recap 3/23/16:   U.S. stocks fell on Wednesday, with energy stocks among the weakest of the day. The sector was pressured as a rise in crude oil stockpiles underlined longstanding concerns about an oversupply glut in the commodity market, sending oil prices lower. The market’s tone has generally been negative this week, with investors …

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