Stock Market Trends: Fed Decision and Oil prices fuel Stock Market Rise.
The Federal Reserve decided to leave rates just where they are, 2%. The Fed is getting much needed relief, as are inventors and consumers, from falling commodity prices, particularly oil. The falling commodity prices should lessen the forces of inflation in the months ahead. This is good news for all. Obviously the market is cheering both as the Dow is up nearly 60 points following the announcement.
Watch this for more on the Federal Reserve, Interest Rates and the US Economy.
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Tags: buy signals, Economic news, Federal Reserve, Oil stocks, stock market trends, technical analysis
