Fed Minutes Show Little Urgency For QE3, Stocks Find Footing After Selloff |
| July 11, 2012 | July 2012 Bond Updates |
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Update 4:25 p.m.: In the first hour of trading after the FOMC minutes were released stocks sold off to their worst levels of the session, but yet another late-day rally helped the major indexes trim their losses before day's end. At the close the S&P 500 was flat at 1,341, the Dow lost 0.4% to 12,605 and the Nasdaq brought up the rear, down 0.5% at 2,888. |
| View more at: http://www.forbes.com/sites/steveschaefer/2012/07/11/will-fed-minutes-show-appetite-for-more-easing/ |
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