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Stock impact report

Wall St. Falls as Investors Eye a United Hawkish Fed [The New York Times]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
By Reuters Oct. 17, 2018 NEW YORK — Wall Street's major indexes edged lower after a choppy session on Wednesday after the Federal Reserve showed broad agreement on the need to raise borrowing costs further, cementing investor concerns that had helped cause a major sell-off the week before. The S&P 500 zigzagged furiously between positive and negative territory after the 2 p.m. ET (1800 GMT) release of the Fed's September meeting minutes. In defiance of sharp criticism from U.S. President Donald Trump, policymakers showed agreement on the September hike and general anticipation that further gradual increases would be consistent with the economic expansion, labor market strength, and firm inflation that most forecast. In the past several years there's been a strong dovish component. Now even the doves are starting to roll over, said Brad McMillan, Chief Investment Officer for Commonwealth Financial Network, in Waltham, Mass. The sense of the meeting was more ha Show less Read more
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