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  1. #1
    Legendry Member milos's Avatar

    Wull S&P500 reach 1700? !!!

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    In anticipation of the two-day meeting of the Federal Reserve futures price of US stocks have risen in the morning in the company of Eastman Chemical and Herbalife increased it's outlook when it comes to annual profit. S&P500 index is approaching the growth of almost 5% per month.

  2. #2
    Legendry Member milos's Avatar
    If the monetary Committee decision or signal the reduction program monetary easing would mean that it would soon come a complete breakdown of the program which may negatively affect the stock price. the relatively good economic data released today in Europe as well as several major economic indicators which was published in the US and Canada resulted in the S&P500 index continue to move in the near record high level and has been reached the peak at 1697.

  3. #3
    Legendry Member Michael Hodges's Avatar
    I think tapering is priced in... I think the markets are just waiting to get past this meeting before moving higher.

  4. #4
    Legendry Member milos's Avatar
    Initially there was an increase in monetary incentives usually have a positive impact on share price, however, after investors began to close their profitable positions as purchasing broke the price index. The Fed did not give the signal after the meeting that ended yesterday that they plan to reduce the program of monetary easing this year. Better than expected production results in the euro zone and China have also support growth. S&P500 rose 0.71%.

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