Stock Market News for July 16, 2014 – Zacks Investment Research
Benchmarks finished on a mixed note on Tuesday after a Fed monetary policy report sparked concerns about “substantially stretched valuations” in Internet and bio-tech stocks. Further, Janet Yellen’s comment that federal funds rate might be raised sooner if the labor market keeps surprising the central bank dented investor sentiment. However, better-than-expected quarterly earnings results from J.P. Morgan Chase and Goldman […]