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US STOCKS-Stocks set for higher open on Fed stimulus hopes | Reuters
Wall Street stocks ended higher on Tuesday after minutes
released from the most recent Fed board meeting indicated
several policymakers backed more monetary easing. "With the markets on the cusp of seeing very important
economic data over the next three days, comments yesterday from
Fed voting members (Charles) Evans and (Narayana) Kocherlakota
have changed the dynamic in terms of what the market response
will be. The question is how long it will last," said Peter
Boockvar, equity strategist at Miller Tabak + Co in New York.
Wall Street stocks ended higher on Tuesday after minutes
released from the most recent Fed board meeting indicated
several policymakers backed more monetary easing. "With the markets on the cusp of seeing very important
economic data over the next three days, comments yesterday from
Fed voting members (Charles) Evans and (Narayana) Kocherlakota
have changed the dynamic in terms of what the market response
will be. The question is how long it will last," said Peter
Boockvar, equity strategist at Miller Tabak + Co in New York.
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