Investment Figures Of The Week

When the Fed talks, the market listens. That was eminently clear as bond and 
      stock markets reacted favorably to the Fed's long-awaited decision on May 17 to 
      boost the federal funds rate by a half point. Bond prices soared, and the stock 
      market was similarly buoyant, particularly among large-cap equities. The Dow 
      Jones industrial average soared 49 points, and the yield on 30-year Treasuries 
      fell to 7.26% from 7.44%. The Fed's inflation-fighting move continued to propel 
      stocks on May 18.
      
      

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