end of bond purchases drives stocks down
Walmart Warns Of A Weak Outlook
The retail giant Walmart came in with disappointing earnings. However it was the fact that Walmart warns of a weak outlook going forward that drove stocks down for the second day in a row, this time for a drop of 200 points in the Dow Jones Industrial Average. As Walmart warns of a weak outlook […]
End of Bond Purchases Drives Stocks Down
The prospect of the end of bond purchases drives stocks down. Speculation continues as to just when the US Federal Reserve will start tapering off its $85 Billion a month purchase of US Treasuries. Recent comments from the Fed indicate that changes in the program could come as soon as next month. As the beginning […]