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Fed’s latest action doesn’t impress investors
It’s going to take more than low interest rates to fire up investors.
The Federal Reserve’s latest plan to help the economy failed to impress Wall Street on Wednesday. Stocks finished slightly lower for the day, and not much better than they were before the Fed announcement.
US STOCKS-Spain bailout rally brief as Wall St slides
NEW YORK, June 11 (Reuters) – U.S. stocks fell on Monday as
Europe’s aid package for Spanish banks did little to alleviate
investor concerns about the euro zone’s finances and a slowdown
in the wider global economy
Between Facebook and JPMorgan, Wall St. woes mount
Facebook stock jumped from $38 to as high as $45 in the opening … But small investors, mistrustful of the market, are still pulling money out of stocks.