Daily Data Flow
U.S. Stocks Fall Back from Yesterday’s Rally
After rising to record highs yesterday on the news that the Federal Reserve will continue its current quantitative-easing policy, stocks fell today.
Oil Falls on Iranian President’s Comments
Comments given by Iranian President Hassan Rouhani hinting at thawing international relations led oil to fall today.
Fed Plans Boost European Stocks to Five-Year High
After leading American indices to record highs yesterday, news that the U.S. Federal Reserve will not immediately begin tapering its $85-billion-a-month stimulus program boosted European shares to their highest point in five years.
Stocks Reach Records on Fed News
Upon learning that the Federal Reserve has no plans to immediately taper its $85-billion-a-month stimulus program, investors flooded the markets, propelling both the S&P 500 and Dow to record highs.
Fed Holds off on Taping its Easy-Money Policies at Today’s Meeting
Investors waiting for the Federal Reserve to begin tapering its easy-money policies will need to stay patient as the U.S. central bank opted to maintain its current course at today’s meeting
U.S. Government Reduces Stake in GM to Just 7.3 Percent
The U.S. Treasury Department had previously announced plans to sell all of its remaining General Motors (GM) stock by early 2014.