Stocks fell today, as investors considered the effects both federal budget negotiations and better-than-expected economic data would have on the timing and magnitude of stimulus cuts from the Federal Reserve.
The S&P 500 hit a new record high of 1,808.56 today as investors weighed the timing of stimulus cuts from the Federal Reserve.
According to European Central Bank (ECB) President Mario Draghi, the bank is now ready to begin fresh action to aid the euro zone economy but does not yet have a concrete plan in place.
U.S. stocks hit their third straight session of decline as investors scoured retail sales and economic data in an attempt to determine when the the Federal Reserve will taper its stimulus.
Major automakers marked November as their best month of U.S. sales in more than six years.
Investors across the nation should not be blamed if they give thanks for the continuing easy-money policies of the U.S. Federal Reserve.