The central bank will announce its plans on bond buying on this afternoon. The question is how investors will react.
Apple pushes the Nasdaq and Nasdaq-100 to 13-year highs, and the Dow jumps 141, its best day since mid-July, thanks to gains from Caterpillar, 3M and IBM.
The Dow falls nearly 4.5% for the month as stocks suffer modest losses. September, historically a tough month, looms. Markets are closed Monday for Labor Day.
Low-trading volumes may minimize big market moves in the days to come. But September and its volatile history are still ahead.
But the market is beginning to look overbought as oil prices and interest rates are on the move again. Google, Apple and Facebook boost the Nasdaq.
The central bank will describe its plans for the next few months on Wednesday. The odds favor a bland announcement, which should cheer investors.
A decent report on jobless claims and gains for IBM and financial stocks fuel the rally. Big tech stocks pull back. Microsoft and Google earnings disappoint.
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Like many companies this winter, the fast-food giant blamed a drop in same-store sales on the weather. But could its problems be bigger than a snowbank?
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The Consumer Financial Protection Bureau's complaint database highlights the worst problems people have with collectors.
Even when they have a plan for their refund check from Uncle Sam, Americans often don't realize how they actually spend the windfall.
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