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Inflation data support rate hike case

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    US stocks ended mostly lower on Tuesday as falling oil prices and terror fears after a soccer match in Germany was canceled on bomb scare undermined investor confidence. The S&P 500 closed down 0.1% at 2,050.44 as seven of the ten main sectors fell with utilities stocks leading the decliners. The Dow Jones Industrial Average ended up 0.04%. The dollar strengthened as economic reports supported the case for December rate hike with inflation in October increasing for the first time after two

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