Here are five things you need to know on Tuesday, June 15th:
1.-Equity futures rise as Techlead and Wall Street wait for the Fed
Equity futures rose on Tuesday after the S & P 500 set a new record for the strength of the rise for major tech companies such as Apple. (((AAPL)- Get the report..
Contracts related to the Dow Jones Industrial Average rose 16 points, S & P 500 futures rose 4 points, and Nasdaq futures rose 17 points. Benchmark 10-year Treasury yields fell to 1.484% at the beginning of Tuesday.
Investors are watching the Federal Reserve Board’s decision-making meeting starting Tuesday. The central bank will announce interest rates on Wednesday, followed by a press conference by Federal Reserve Board Chairman Jerome Powell.
The Federal Reserve Board is not expected to take any action on interest rates or tapering of $ 120 billion in monthly asset purchases. However, Wall…
