Global Markets
Markets face rough summer ride
For the past few months, the U.S. Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. But signs that the central bank is discussing reducing that support by purchasing fewer bonds mean that trading is likely to get bumpier in coming months. Full Article
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S&P 500 ends up slightly for third day
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NEW YORK |
NEW YORK (Reuters) - The S&P 500 ended a third straight session of minimal gains on Thursday, helped by a flurry of merger activity, though investors expect a pullback with major averages near multi-year highs.
Based on the latest available data, the Dow Jones industrial average .DJI was down 8.98 points, or 0.06 percent, at 13,973.93. The Standard & Poor's 500 Index was up 1.07 points, or 0.07 percent, at 1,521.40. The Nasdaq Composite Index was up 1.78 points, or 0.06 percent, at 3,198.66.
(Reporting By Caroline Valetkevitch; Editing by Kenneth Barry)
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