Markets Jump on Fed Minutes, Loose Policy Stance Reiterated
Biotech and social media stocks continued their rebound after selling off earlier this year, while earnings season was off to a promising start after strong results from bellwether stock Alcoa.
Markets jumped after the release of Federal Reserve minutes which showed loose monetary policy would remain in place for sometime. Biotech and social media stocks continued their rebound after selling off earlier this year. Earnings season was off to a promising start after strong results from bellwether stock Alcoa. Investors to focus on company outlook statements and bank results on Friday for further insight on the economic outlook. Jane Searle speaks with Jason Weisberg at the NYSE.
