"FOMC Drift" In Full Effect As Global Stocks Rise; S&P Futures Hit New Record; Oil Slides
June 14, 2017 at 07:44 AM EDT
All eyes will now turn to the Federal Reserve. The widely expected quarter-point interest rate hike will take the Fed funds target rate above 1 percent for the first time since the immediate aftermath of the collapse of Lehman Brothers in 2008.