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Coming Week: Don't Count on the Fed

Stock quotes in this article: MER , C , LEH , MS , MBIA , ABK , RIMM , MON , NIKE  

Stocks will limp into the next week at levels not seen since the Bear Stearns debacle, with no hope of a boost from the Federal Reserve.

Oil and other commodity prices rallied again last week while credit conditions worsened on Wall Street and the dollar weakened further.

The Fed, which will release its June decision on interest rates Wednesday, will almost certainly hold steady, leaving investors to parse through its policy statements for any sign of what will come next. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

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