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FED BOTTOM LINE: Hawkish, no change, no help for markets !!! NO CHANGE: FED DOES NOTHING, STOCKS INSTANTLY FALLING!!!
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[quote:Anonymous Coward 21058743:MV8xOTQzMTI2XzMyNTUzMTMzXzI4OUQxM0Y3] 2:30p U.S. stock indexes erase limited gains after Fed By Kate Gibson Aug. 1, 2012, 2:30 p.m. EST NEW YORK (MarketWatch) -- U.S. stock indexes erased limited gains Wednesday after the Federal Reserve opted to stand pat on monetary policy. "If the economy doesn't improve by mid-September, the Fed will do more QE I have little doubt. While the Fed remains the topic of... Full Story Dow Jones Industrial Average/quotes/zigman/627449 DJIA 12,996.04 -12.64 -0.10% S&P 500 Index/quotes/zigman/3870025 SPX 1,378.27 -1.05 -0.08% See All Quotes (3) 2:27p Fed stands pat as it frets weaker economy By Greg Robb The Fed Aug. 1, 2012, 2:27 p.m. EST The Federal Reserve kept policy unchanged despite a weaker outlook. The move was a surprise. The consensus was the Fed would at least pledge to hold its benchmark rate lower for longer. Full Story S&P 500 Index/quotes/zigman/3870025 SPX 1,378.27 -1.05 -0.08% See All Quotes (1) 2:20p 10-year Treasury yields 1.49% vs. 1.50% 10 Year Treasury Note/quotes/zigman/4868283/delayed 10_YEAR 1.48 +0.01 +0.88% See All Quotes (1) 2:19p Treasurys pare losses after Fed 10 Year Treasury Note/quotes/zigman/4868283/delayed 10_YEAR 1.48 +0.01 +0.88% See All Quotes (1) 2:19p Nasdaq Composite down 19.11 points at 2,920.41 NASDAQ Composite Index/quotes/zigman/123127 COMP 2,931.01 -8.51 -0.29% See All Quotes (1) 2:18p Euro slips after Fed; buys $1.226 vs. $1.225 http://www.marketwatch.com/story/newsviewer [/quote]
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1 minBusiness Insider‏@businessinsider
FED BOTTOM LINE: Hawkish, no change, no help for markets [
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