In the news:
- Hyundai recalls 883,000 Sonata sedans in U.S. for transmission issue1:49 PM ET | Reuters
- U.S. online jeweler Blue Nile experiments with brick and mortar1:46 PM ET | Reuters
- Feds probing for fraud in DC building projects1:46 PM ET | AP
- Processing issue delays bar exam submissions1:45 PM ET | AP
- Asia a hard sell for Russian firms seeking cash1:44 PM ET | Reuters
- Debt Study story1:44 PM ET | AP
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[BRIEFING.COM] The time is drawing near for the FOMC to release its latest policy directive. It will be done at the top of the hour; and the major indices are mixed at the bottom of the hour.
Market participants are expecting the policy directive to read very similarly to the last directive. Any new nuggets of information, therefore, that suggest the Fed is angling to prepare the market for the fed funds rate to go up sooner rather than later would be a source of ... More
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