The Traderszone Network

Published in TZ Latest News 12 July, 2017 by The TZ Newswire Staff

Why Barnes & Noble Education, MSC Industrial Direct, and Insys Therapeutics Slumped Today

Wednesday was a good day on Wall Street, as market participants reacted favorably to congressional testimony from Fed chair Janet Yellen. The central banker told House representatives that the economy has the strength to handle the interest rate increases that the Fed has already made, but she also signaled that future hikes might be fewer and further between than investors were anticipating. The Dow finished the day with a gain of 123 points, and the S&P 500 and Nasdaq were up 0.73% and 1.1%, respectively.

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