Stocks rise as Treasury yields fall after Fed move
U.S. stocks were up and Treasury yields down on the day, as investors retraced after the Federal Reserve’s first rate hike in three years.
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06:21:09 PM UTC
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STOCKS AFTER THE FIRST FED HIKE OF A CYCLE: SMALL DIP, BIG UNCERTAINTYWhat effect is the Fed's freshly launched interest rate cycle likely to have on the U.S. stock market?Perhaps some weakness over the next two months, but with a highly variable outcome 12 months down the road, limited data sugges…
S. stocks are higher this afternoon and Treasury yields are lower, as investors move past the unease that followed the Federal Reserve's first rate hike in three years. Stocks and bonds both fell yesterday after officials raised interest rates by a quarter percentage point and sig…