Wall Street Ends off Session Lows As Tech Keeps Losses In Check

Wall Street Ends off Session Lows As Tech Keeps Losses In Check

Wall Street ended off session lows despite late selling Tuesday, as gains in technology and expectations for the Federal Reserve to reiterate its accommodative stance on monetary policy kept losses in the broader market in check.

The Dow Jones Industrial Average fell 1.09%, or 300 points, the S&P 500 slipped 0.78%, while the Nasdaq Composite added 0.29% to rise to another record high.

The Federal Reserve kicked off its two-day meeting on Tuesday and is widely expected to stand pat on interest rates but reiterate its readiness to roll out more stimulus to ensure an eventual economic recovery will be robust. Read more…..

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Dr. Marc Faber of the #GloomBoomandDoomReport finds it odd, although simultaneously one of the more attractive investing opportunities most have ever seen. Dr. Faber also comments on the current Fed policy, how it’s impacting the world, and how this will all play out.