Fed signals June rate hike likely

Federal Reserve officials indicated that they may raise rates again in June, according to minutes of their May meeting released Wednesday.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+74.51   +24.31   +5.97
21,012.42   6,163.02   2,404.39
+0.36%   +0.40%   +0.25%
YTD +6.32%   YTD +14.49%   YTD +7.39%
 
Biggest Winners
Intuit Inc +6.72%
 
NRG Energy Inc +5.54%
 
AES Corp +3.34%
 
Charter Communications Inc +3.22%
Biggest Losers
Tiffany & Co -8.71%
 
Signet Jewelers Ltd -6.59%
 
Advance Auto Parts Inc -5.43%
 
Range Resources Corp -3.79%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Stats Latest Today's Change
Oil $51.27 -0.09 / -0.18%
Gold $1,258.10 +5.00 / +0.40%
10-yr 2.27% -0.02 / -0.83%
Euro $1.12 +0.00 / +0.27%
News: What you need to know about the markets
 
 
Fed signals June rate hike likely
Federal Reserve officials indicated that they may raise rates again in June, according to minutes of their May meeting released Wednesday. Read more »
 
Google's Waymo worth more than GM, Tesla and Uber?
Analysts at Morgan Stanley estimate that Waymo — the self-driving car startup that is owned by Google parent Alphabet — could be worth $70 billion. It seems like a stretch given that Waymo is unlikely to be profitable until 2022. Read more »
 
Nintendo shares are up 30% thanks to Switch
Nintendo shares have soared 30% this year on hopes the company will unlock new levels of revenue with its Switch console, in-game purchases and an online multi-player service. Read more »
 
Solar jobs growing 17 times faster than US economy
President Trump may be focused on saving coal miners, but solar continues to be the hot spot in today's jobs market. Solar employment expanded last year 17 times faster than the total US economy. Read more »
 
Intuit: Gig economy is 34% of US workforce
Intuit CEO Brad Smith said the company is seeing a sharp increase in the number of on-demand workers using its platforms like QuickBooks and TurboTax. Read more »
 
No diamond in the rough. Tiffany plunges on weak sales
Shares of the iconic jewelry retailer sank after a poor earnings report. Tiffany's sales in the US continue to fall — even though Tiffany is no longer blaming traffic surrounding its flagship New York store near Trump Tower as a problem. Read more »
 
 
 
 
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