The Traderszone Network

Published in TZ Latest News 27 March, 2015 by The TZ Newswire Staff

Stocks likely to drift as investors await Fed, earnings

Wall Street investors may find little reason to make big moves next week as they await monthly U.S. jobs data and any news that could change expectations for the first interest rate hike in almost a decade. The Labor Department report is due on Friday, when the stock market will be closed for Good Friday, leaving investors unable to trade on the data until the following week. In the meantime, investors will continue adjusting to lowered earnings forecasts for the first quarter and the uncertain direction of the dollar.

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