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  • Stocks end shortened trading week mixed on confused earnings results

    Deirdre Hughes at Hot Stock Minute3 days ago

    Stocks ended a busy day of first quarter earnings mixed The Dow (^DJI) down 0.10% The Nasdaq (^IXIC) and the S&P 500 (^GSPC) were up slightly. The markets are closed tomorrow for Good Friday.

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  • Fed Chair Janet Yellen: Economic recovery possible within two years

    Deirdre Hughes at Hot Stock Minute4 days ago

    The Dow (^DJI) gained 1.00% today, The Nasdaq (^IXIC) 1.29% and the S&P 500 (^GSPC) 1.05%. Federal Reserve Chair Janet Yellen, speaking to the Economic Club of New York, said a healthy economy could be reached within two years. Yellen said Federal Reserve governors and economists see a return to full employment and stable prices by the end of 2016.

    Yellen also said the longer it takes to reach the Fed’s targets for employment and inflation, the longer the Fed will hold the key Federal Funds Rate at its current level, near zero.

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