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
Thank you for selecting your broker
We are redirecting you to the Broker Center now
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Thank you for your submission, we hope you enjoy your experience
ALERT

‘Trump Bump’ Forces out MedTech Company from Best Dividend Stocks List

Dividend logo

For investors, this week was about one thing: the Federal Reserve. The central bank’s decision about interest rates was the driving force behind the week’s returns. Traders ebbed and flowed each day based on the data and their feelings about the Fed’s impending decision. In the end, the Fed finally decided to raise rates as expected. This helped to push equity prices higher by week’s end.

Also adding to the end of week optimism was stronger than expected data. Key measures of industrial and consumer health came in much higher than expected. That helped to underscore that the Fed’s decision was potentially correct in raising rates and that economy was indeed expanding again.

Not helping push things higher was the earnings data. The lull between earnings seasons meant there were virtually no stocks reporting this week. However, higher guidance figures in previous weeks also served to support the rate hike.

In the end, the week proved to be all about the Fed and it did not underdeliver.

Check out last week’s Market Wrap here.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Presidentdonaldtrump
News

Market Wrap for January 20: Where’s That ‘Trump Bump’ Again?

It’s finally here, the inauguration of President Trump. With the event and the transition of...

News

Trending: Dividend Heavyweights Highlight Risk Aversion During Inauguration Week

Dividend.com analyzes the search patterns of our visitors each week. By sharing these trends with...

Rising Interest Rates

As Fed Hikes Rates, History Offers a Glimpse of Where Wall Street Is Headed

The stock market over the next few years may look markedly different than over the last few...