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0.000501390218332582 0.00100278043666529 0.00145858972605859 0.00168649437075517 0.00123068508136188 0.00123068508136188 0.00123068508136188 0.00123068508136188
Stock impact report

Dow slides more than 100 points again after Fed minutes point to more rate hikes [CNBC]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: CNBC
show chapters Stocks fell in volatile trading Wednesday after a summary of the Federal Reserve's most-recent meeting showed the central bank was leaning toward more rate hikes moving forward. The Dow Jones Industrial Average fell 111 points, while the Nasdaq Composite dipped 0.4 percent. The S&P 500 hovered slipped 0.2 percent. The major averages all fell at least 1 percent earlier in the session. According to the minutes from the Fed's September meeting, the central bank remains convinced it needs to tighten monetary policy to keep the economy steady . The risk of inflation overheating currently is small, but the Fed is communicating that if inflation were to rise aggressively beyond their forecast, then they would hike rates above the neutral rate of 3.00%, Jim Caron, managing director at Morgan Stanley, said in a note. The 10-year Treasury note yield traded around 3.17 percent after the minutes were released. Goldman Sachs rose 3.1 p Show less Read more
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