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Stocks Retreat from New Highs as Mrs. Yellen and the Fed remain in Focus

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Stocks Retreat from New Highs as Mrs. Yellen and the Fed remain in Focus

Introduction

This article was posted on Thursday, 16:21, UTC.

Thursday Market Recap Asset Current Value Daily Change S&P 500 2443 0.13% DAX 12633 0.05% WTI Crude Oil 45.87 0.81% GOLD 1217.00 -0.13% Bitcoin 2372 -0.73% EUR/USD 1.1404 -0.07% Janet Yellen and the Fed are still all over the news today, as the central banker continues her testimony on monetary policy. After yesterday’s surprisingly dovish words by Mrs. Yellen global financial markets staged a healthy rally, with some of the major indices hitting new all-time highs in the process. That said the rally stalled in the leaders of the recent correction, the DAX and the NASDAQ, exactly at the major…

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Mate Cser

Mate Cser

Trader and financial analyst, with 10 years of experience in the field. An expert in technical analysis and risk management, but also an avid practitioner of value investment and passive strategies, with a passion towards anything that is connected to the market.

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