World Stock Markets Mostly Weaker Ahead Of Yellen Speech

(Kitco News) - Global stock markets were mostly weaker Friday, on profit taking and downside corrections following recent good gains. U.S. stock indexes are pointed toward mixed to slightly lower openings when the New York day session begins, after scoring record highs on Wednesday. Gold prices are lower again today and hit a two-week low. The bulls have faded late this week and need to show fresh power soon to keep the near-term uptrend in place. The marketplace this week has come to the conclusion that it's now very likely the U.S. Federal Reserve will raise interest rates at this month's Federal Open Market Committee To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and visitors become smarter, more confident investors. Disclaimer: © 2017 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post World Stock Markets Mostly Weaker Ahead Of Yellen Speech appeared first on Money Morning - We Make Investing Profitable .
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