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Market Reverses Course Wednesday
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Market Reverses Course Wednesday

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The market has reversed course Wednesday, erasing yesterday’s gains. Greek officials signaled their confidence in the new government in a vote late Tuesday. The FOMC will issue an interest rate decision at 12:30pm ET. Mortgage applications dropped last week as interest rates inched higher from exceedingly low levels. In corporate news, FedEx beat the street with its quarterly report card. In other earnings news, Adobe offered a disappointing outlook despite strong earnings in the recent quarter.
Channel: RTTNews.com
Video Length: 0
Date Found: June 22, 2011
Category: News
Date Produced: June 22, 2011
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