U.S. investors ignored selling in European and Asian markets on Tuesday, sending prices broadly higher a day before the Federal Reserve ends its two-day monetary policy meeting. more
Profit taking in some of 2014′s high flyers sent the NASDAQ composite down 1.1% to open the week, while big blue-chip stocks generally ended Monday in positive territory. Biotech stocks fell (-1.5%), as did internet stocks (-2.2%) and some of the stocks with biggest gains for 2014: Tesla, -9.1%; Netflix, -3.9%; Facebook, -3.7%.
What will the Fed say at the conclusion of the FOMC monetary policy meeting this Wednesday? That’s the question that worried investors this past week. Follow the link below to our weekly commentary and market tables.