Stocks mixed ahead of Fed decision and rate cut
Investors held steady as the Fed opened a two day meeting and eyed a rate cut seen as insurance against deflation. Blue chip gains offset by a Nasdaq dip as traders awaited guidance on economic growth, deflation risk, and the pace of a second half recovery.
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Brian Bush
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John Caldwell
McDonald Financial Group
Two Nebraska tornado deaths with Deshler Coleridge damage
Deadly Nebraska tornadoes killed a man trapped under a tractor in Coleridge and a Deshler resident last week as storms produced 52 twisters this year. Deshler faced extensive damage including four houses leveled and 25 businesses hit. State climatologist notes Nebraska’s lighter death toll due to sparse population.
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Nebraska
Coleridge
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Hebron
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Kansas State Line
al Dutcher
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Dutcher
Consumer confidence holds steady in June
The Conference Board says its Consumer Confidence Index remained at 83.5 in June, dipping from May’s revised 83.6. The reading beats analysts’ 82 stake and reflects steady assessments of the current economy with a hopeful six month outlook, backed by stock gains and easing jobless claims.
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Lynn Franco
The
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