Hawkish Fed Sends Nasdaq and S&P 500 Lower

A Federal Reserve far more hawkish than expected sent the bulk of stocks lower on Wednesday, Sept. 20.  The Dow Jones Industrial Average was flat and the S&P 500 fell 0.12%. The Nasdaq fell 0.4%.  All benchmark indexes closed at records a day earlier -- the Dow for the sixth day in a row and the S&P 500 for its third. The Federal Open Market Committee, the decision-making arm of the Fed, announced that it would hold the federal funds rate at 1% to 1.25%, meeting economist expectations. Also as expected, the Fed said that it would begin unwinding its balance sheet, beginning with $10 billion a month. That amount will increase by $10 billion a quarter. By this time next year, that would put the

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  S&P 500; US Indexes Fundamental Daily Forecast – Trump Speech Fails to Move Markets as Investors Remain Locked in on Fed

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Making the grade? How DFW stacks up for Amazon’s HQ2

Population: Exceeds expectations. Amazon wants a metropolitan area with more than 1… more With a $1 billion sticker price and more than 4,000 highly paid employees, the Toyota North America headquarters consolidation in Plano ranks as the biggest project of its type ever to choose North Texas. Comparing the automaker's project side by side with Amazon’s highly hyped second headquarters, however, is like parking a tiny Toyota Prius next to a Toyota Sequoia full-size SUV. Amazon’s (Nasdaq: AMZN) projected employment of 50,000 full-time jobs at its new “HQ2“ is more than 10 times the number of jobs created by Toyota (NYSE: TM). The e-commerce giant's projected $5 billion capital expenditure cost