Stocks slip after Fed says interest rates will rise faster

Stocks are taking small losses Wednesday after the Federal Reserve raised interest rates and said it expects to raise rates two more times by the end of the year. Banks are making the biggest gains as they stand to make more money on lending. Bond yields are rising and big-dividend stocks like real estate investment trusts are falling....

2 Published By - Newsday - Business stories - 2018.06.13. 21:13
Share |