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  • Wall Street Weekahead - Yellen tone suggests choppiness for markets ahead

    Specialist traders work at a terminal screen on the floor of the New York Stock ExchangeBy Ryan Vlastelica NEW YORK (Reuters) - U.S. stock investors have been enjoying an extended period of low volatility and steady gains, but with the Federal Reserve on track to raise interest rates this year and major indexes near records, the market could get a bit choppier in coming weeks. Fed Chair Janet Yellen on Friday said she expected the U.S. central bank to raise rates in 2015, though the process was expected to be gradual, with the timing of the first hike dependent on the strength of economic data. Some weak reports have pushed back the expected lift-off, but Yellen's words suggest the Fed is still headed to rate increases later this year.


  • US stocks fall slightly on lower oil, mixed earnings news

    FILE - In this Aug. 8. 2011, file photo, a Wall Street sign hangs near the New York Stock Exchange. Stocks slipped in early trading Friday, May 22, 2015, as energy companies fell along with the price of oil. (AP Photo/Jin Lee, File)NEW YORK (AP) ? The stock market capped a quiet week of trading on a down note.


  • Wall Street ends lower after Yellen comments fail to inspire

    Traders work shortly after the opening bell on the floor of the New York Stock ExchangeU.S. stocks ended weaker on Friday after Federal Reserve Chair Janet Yellen indicated that the central bank was poised to raise interest rates this year, in line with Wall Street's expectations. In a speech, Yellen said a rate hike would be warranted this year if the economy keeps improving as expected. Investors have enjoyed an extended period of low volatility and steady gains, but with the Fed on track to raise rates this year and major indexes near records, the market could get a bit choppier in coming weeks.


  • Wall St flat, Yellen comments in line with expectations

    Traders work shortly after the opening bell on the floor of the New York Stock ExchangeU.S. stocks were flat on Friday after Federal Reserve Chair Janet Yellen said it would be appropriate to raise interest rates this year if the economy continues on its current path, in line with broad expectations on Wall Street. In a speech, Yellen said the economy was well-positioned for growth and that it would take several years to return to normal interest rates. Yellen is a dove more than a hawk, and she's not in a real rush to raise rates.


  • Is Twitter Making A Comeback? Some New Treats For Marketers

    Is Twitter Making A Comeback? Some New Treats For MarketersFor anyone who pays attention to the stock market (which I don?t) or the news (which I do), it?s clear that Twitter hasn?t been looking so hot these days. Last month, the social platform fell short of its projected revenue for the first time as a public company. Somewhat embarrassing, right? Twitter?s much younger cousin [?]


Quote of the Day

The secret to life is meaningless unless you discover it yourself. ? W. Somerset Maugham




Today's Word

acerbate

To irritate or to aggravate.



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