First Day Of Losses In November; Fed To Blame?

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks were trending upwards throughout the early part of the day, but fell after Fed Chair Janet Yellen said that a rate hike at its December meeting is a genuine possibility. The drop snapped a two day rally that pushed the Dow back into positive territory for the year. The Dow is …