• Analysis and Opinion » Yellen Testimony Drive Gains
    February 11, 2014, 21:36 GMT

    Stocks moved higher on the open as investor’s awaiting Janet Yellen’s first Congressional appearance in front of the congressional finance committee in a semi-annual testimony which used to be called the Humphrey Halkins testimony. At a hearing before a House panel today, Yellen reiterated the bank’s plan to continue scaling back its bond purchase program

  • David Becker
    Business » Financial Take the Mantel
    David Becker - November 22, 2013, 13:39 GMT

    The financial sector of the US stock market has lagged behind the rest of the S&P 500 index during most of the 2013 rally. Financial have historically been a leader, but have not been able to capture the mantle until recently. With rates remaining very accommodative, and the shape of the yield curve continuing to

  • Stocks on the American exchanges fell as market participants continued to speculate about the Federal Open Market Committee’s latest policy announcement. The Fed stuck to its guns Wednesday, opting to hold the pace of monthly asset purchases at $85 billion. Although the Fed surprised no-one with its latest policy decision, the central bank “was a

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