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3/3/17

Wall Street Interest Rate Hike On The Horizon #okc #news #wth



U.S. stocks were marginally up on Friday, as investors focused on Federal Reserve Chair Janet Yellen's speech for clues on the possibility of an interest rate hike later this month. Six of the 11 major S&P sectors were higher, with the S&P 500 financial index leading the gainers. Traders have priced in a 76 percent chance of a rate hike this month, compared with roughly 30 percent at the start of the week. Federal Vice Chairman Stanley Fischer, who has backed raising interest rates, is also scheduled to give a keynote address on monetary policy in New York at 12:30 p.m. U.S. stock markets closed down on Thursday, as financials declined after surging a day earlier on increased expectations of a rate hike this month. http://bit.ly/2mUv2ZU http://bit.ly/1fJ5yqZ This video was produced by YT Wochit Business using http://wochit.com



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