U.S. stocks inched broadly lower this morning, as investors anticipate the release of the Federal Reserve’s minutes from its last policy meeting. During that meeting, the Fed announced the extension of its Operation Twist program through the end of the year, leaving investors somewhat underwhelmed at the lack of a more aggressive policy to help boost the economy. Although the Fed expressed its willingness to take further actions if necessary, investors are now hoping to find more clues about whether or not these actions will come into fruition. Adding to the already heightened level of uncertainty, markets continue to struggle in finding a definitive direction as Q2′s earnings season unfolds [see also Seven Simple & Cheap ETF Model Portfolio]. Commodity news took over most of today’s major headlines after yesterday’s rather dismal trading session. The. U.S. Department of Agriculture slashed its forecasts for this year’s corn harvest, citing that extreme heat and severe droughts in the Midwest [...] Click here to read the original article on ETFdb.com. Related Posts: 5 Of The Best ETF Performers Of The First Half (Plus The 5 Worst) Inflation ETF Special: 25 ETF Ideas To Fight Rising Prices ETFdb Category Kings: Best Performers From First Half Of 2011 ETF Insider: A Dead Cat Bounce? ETF Insider: Looking Overseas For Opportunities
U.S. stocks inched broadly lower this morning, as investors anticipate the release of the Federal Reserve’s minutes from its last policy meeting. During that meeting, the Fed announced the extension of its Operation Twist program through the end of the year, leaving investors somewhat underwhelmed at the lack of a more aggressive policy to help boost the economy. Although the Fed expressed its willingness to take further actions if necessary, investors are now hoping to find more clues about whether or not these actions will come into fruition. Adding to the already heightened level of uncertainty, markets continue to struggle in finding a definitive direction as Q2′s earnings season unfolds [see also Seven Simple & Cheap ETF Model Portfolio]. Commodity news took over most of today’s major headlines after yesterday’s rather dismal trading session. The. U.S. Department of Agriculture slashed its forecasts for this year’s corn harvest, citing that extreme heat and severe droughts in the Midwest [...]
Click here to read the original article on ETFdb.com.
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