Fed signals near zero as December rate hike looms
After two days of meetings the Federal Reserve is expected to keep rates near 0 in the near term. Markets await December, the last 2015 meeting, as the first hike since 2006 remains central. Analysts say the Fed will stress data dependence but avoid a firm date to lift rates.
MENTIONED IN THIS ARTICLE
Fed
Kelly
David Kotok
Cumberland Advisors
Bill Hornbarger
Moneta Group
USA portfolio allocation by trade activity overview
SigFig tracks how America’s investors allocate portfolios by trade activity. The data show turnover rates, largest holdings such as AAPL, and leading purchase and sale trends across more than half a million investors with total assets near $200 billion.
MENTIONED IN THIS ARTICLE
USA
SigFig
Chinese firms bid for US hotel chain amid market moves
The Wall Street Journal notes at least three major Chinese companies are jockeying to bid for the US hotel chain. Separately, CONSOL Energy posts a larger third quarter loss due to falling natural gas prices and weak demand for coal. River Valley Bancorp agrees to be acquired by German American Bancorp for about $33 per share in cash and stock.
MENTIONED IN THIS ARTICLE
Paccar
Murphy Oil
MUR
Chesapeake Energy
CHK
Chesapeake
Anadarko Petroleum
APC
Union Pacific
UNP
UPS
Ford Motor
Vanguard
Vanguard Totstiadm
Vanguard Instidxl
Vanguard TotStldx
Vanguard InstPlus
Fidelity Contra Vanguard Totintl
GrthAmAm
IncAmerAm
Capi IncBuAm
Spdr HealthCare
US Oil Fund LP Usd
Spdr Financial
ARM
Bankrate.com Commodities Commodities
Frankfurt
Hong Kong
Japan
LonDon
Mexico City
Morningstar
DOW Jones
THE
Associated Press
USA Today.com
Money ‘Te Press
Wall Street Journal
Consol Energy
River Valley Bancorp
Apple shifts from growth stock to blue chip
Apple reports adjusted quarterly profit of 1.96 per share beating estimates by nearly 5 percent. Shares rose after hours but closed regular trading down 0.73 to 114.55 as investors weigh Apple’s slower growth versus cash returns and a mature smartphone market.
MENTIONED IN THIS ARTICLE
Apple
Facebook
Amazon
Microsoft
Alphabet
No Fed rate hike expected as December looms on table
Economists say the Federal Reserve is unlikely to raise rates at its two day meeting ending Wednesday due to slowing job growth and subdued inflation. Markets price a 33 percent chance of December action while policymakers cite data dependence and market caution.
MENTIONED IN THIS ARTICLE
Federal Reserve
Fed
Brainard
Michael Feroli
Jpmorgan Chase
China
Janet Yellen
New York
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J.P. Morgan Funds
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ILD
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