While you were sleeping: Eyes on Fed, retailers rally

Wed, 19 Nov 2014

By Margreet Dietz Nov. 20 (BusinessDesk) - Wall Street slipped, pushing the Dow and the S&P 500 down from their record-high closes the previous day, as investors awaited guidance on the timing of an interest rate increase by the US Federal Reserve. The Fed is set to release minutes from its October meeting at 2 pm in Washington “Investors will screen the minutes for any fresh hints about the fights between the doves and the hawks at the Fed and the pace of the future rate path,” Ralf Zimmermann, an equity strategist at Bankhaus Lampe...

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