Wall St set for mixed open as focus turns to earnings, economic data
July 12 (Reuters) – Wall Street’s main indexes were set to open mixed on Monday after rallying to new peaks in the previous session, with investors awaiting the start of the second-quarter earnings season and a batch of economic data. The three major U.S. stock indexes notched record closing highs on Friday as financials and […]
Analysis – A tale of two tapers: This time is different for a Fed focused on jobs
WASHINGTON/SAN FRANCISCO (Reuters) – Eight years ago this month Jerome Powell, still in his rookie year as a Federal Reserve governor, surveyed the U.S. job market and declared it was good enough for the central bank to reduce the support for the economy it had rolled out to fight the 2007 to 2009 financial crisis.
