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The Fed left interest rates unchanged on Wednesday, as expected, with Chair Jerome Powell saying the historic tightening of monetary policy was likely over, as inflation falls faster than expected, and discussions on cuts in borrowing costs were coming "into view."
S&P 500 closes at an all-time high, bolstered by solid corporate results ahead of big tech earnings. Meanwhile, the XOP ETF hits a 52-week high, boosted by strength in commodity prices.
European shares mix. stocks have never been this high. yesterday, the dow climbed 103 points that's another record close. 32 record closes this year. let's talk about zillow. millennials will be the biggest home buyers next year. >> where are they getting the money? >> i don't know. until this point, millennials have put off buying homes for various residence. next year, rising rent will push many of these smart millennials to buy. they are jumping in the market, that is the hope. they will take starter homes gen x is looking to sell. it's a forecast from zillow, and i hope it's true. all ri...