The central bank will announce its plans on bond buying on this afternoon. The question is how investors will react.
Once a big idea becomes part of the national dialogue, a veteran money manager says, it loses its force and fades. His conclusion: Stocks may well be lower in a year.
Some Republicans want to defund Obamacare -- or they'll close the government or force a default on US debt. That means a far more volatile stock market.
The central bank's decision on whether to trim its bond buying may dictate if the market has a good week. Oracle and FedEx earnings are on tap.
Details are sketchy because SEC rules allow a company with less than $1 billion a year in revenue to delay disclosing information. But Wall Street thinks the company may be worth $10 billion.
The metal falls $33 and is off 4.7% this month. But crude oil rises because oil traders are skeptical that a deal can be cut. Stocks end lower.
The people who manage the blue-chip index are substituting Goldman Sachs, Nike and Visa for Alcoa, Bank of America and Hewlett-Packard.
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