Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Memorial Day Sale: Dividend.com Premium Price Slashed — Redeem Now

Dividend logo

After the last few weeks of dour data, dour earning’s guidance and dour Federal Reserve expectations, the markets perked up this week. Even the terrorist attacks in France over the weekend didn’t seem to have an effect and broad market indexes managed to show gains this week.

Driving those gains were bullish unemployment numbers, slight upticks in inflation and Federal Open Market Committee (FOMC) meeting minutes that basically gave the green light to a rate lift-off. The Federal Reserve’s continued push-and-pull with regards to raising rates has been a major problem for the markets and has contributed to recent volatility.

As for stocks themselves, this week was all about consumer discretionary and staples earnings—and it seems that the worries about the health of the U.S. consumer may be off. Several bellwethers reported slightly better than expected numbers and gave cautious, but still positive, guidance figures.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Is Target Poised to Be a Good Turnaround Dividend Stock?

It’s close to two years since Target hit an all-time high. It is now 33% lower despite making...

Premium Shutterstock 103018373
News

Which FANG Stock Will Become Dividend Royalty First?

If there’s one thing Wall Street truly loves, it’s a good acronym. It makes it easy to market...

Premium Shutterstock 414234568
News

Watch What I Say Before You Buy

For investors, nothing provides more confirmation of their investment thesis than a team of...