Friday, 16 September 2016

Midday Report: U.S. Stocks Fall in Wait for Fed's Meeting, Crude Tumbles: TheStreet

Published on Sep 16, 2016
Stocks fell as Wall Street eagerly awaited next week's meeting of the Federal Reserve. Crude oil also pressured markets, tumbling ahead of weekly data on the number of active oil rigs in the U.S. Consumer sentiment remained steady in September, according to the University of Michigan's Consumer Survey. Consumers' outlook on the economy remained optimistic, while income expectations dipped.

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