Stocks traded mixed on Thursday as investors contemplated the Federal Reserve's latest monetary policy decision and updated projections. Jeff Powell, Polaris Wealth Advisory Group CIO and Bill Smead, Smead Capital Management CIO and Co-Portfolio Manager joined Yahoo Finance to discuss.
In this episode of Influencers, Eli Lilly Chairman & CEO David Ricks joins Andy to discuss the latest in the pharmaceutical industry, new progress in the fight against COVID-19, and potential groundbreaking advancements for the treatment of Alzheimer’s.
(Bloomberg) -- Gold headed for the biggest weekly loss in 15 months as the Federal Reserve’s hawkish tilt sent the dollar surging.Officials signaled monetary policy tightening could start earlier than expected, with Chair Jerome Powell saying that the central bank would begin a discussion about scaling back bond purchases used to support financial markets and the economy during the pandemic. Still, Powell cautioned that discussions about raising interest rates would be “highly premature.”Bullion