The FOMC announcement had few surprises though some saw hints that that improvement in the economy could mean they will move rates higher than expected. The losses were minor as the oil service, banks, and semiconductors were able to move higher. Though most of the Asian markets were higher, the selling overseas is fairly strong with the German Dax down over 1.3%. The futures are just barely higher ahead of the 3rd quarter GDP data--which came in at 3.5%--which was above estimates of 3.1%. For t...
The FOMC announcement had few surprises though some saw hints that that improvement in the economy could mean they will move rates higher than expected. The losses were minor as the oil service, banks, and semiconductors were able to move higher. Though most of the Asian markets were higher, the selling overseas is fairly strong with the German Dax down over 1.3%. The futures are just barely higher ahead of the 3rd quarter GDP data--which came in at 3.5%--which was above estimates of 3.1%. For t...
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