Wednesday, October 17, 2018

Markets Rebound

Market News Oct 17   (Morning Brew)

*As of market close
  • U.S. markets: BIG rebound day. Riding a wave of strong earnings reports (more on that in a bit) and even stronger economic data (don't you worry, we'll get to that also) the major large-cap indexes had their best day since March.
Econ: President Trump called the Federal Reserve his "biggest threat." What's got the president spooked? He thinks the Fed's raising interest rates too quickly.
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