US stocks rise as investors look to Fed comments for clues about a December rate hike

Financial

US stocks edged higher on Tuesday as investors turn their attention to the December Fed meeting.Investors are looking to recent comments from Fed presidents Loretta Mester and Mary Daly for clues about the next rate hike.Market consensus currently expects a rate hike of just 50 basis points at the December meeting. Loading Something is loading….

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
2023 Lumber markets outlook: Short-lived growing pains in the forecast
BofA Investing up to $150 Million in Middle-Income Housing Preservation Fund to Help Preserve 3,000+ Affordable Homes
Wall Street advances over 1% as investors weigh US Federal Reserve’s next policy move
ASX slides lower on inflation figures
Canada disappointed by U.S. plan to maintain softwood lumber duties