Stocks closed out lower on Wednesday. Consumer discretionary brands such as Target, Starbucks, Home Depot, and Lowe’s led the dip amid the release of mixed economic data.
Brands traded higher on Thursday. Indices closed in the green zone in the wake of Federal Reserve minutes. Comments from the September meeting showed that members believed it would be prudent to wait until risks eased before tightening monetary policy, noting that weaker Chinese growth and market volatility would prove an obstacle to inflation hitting the Fed’s 2% target rate.
Learn why the cash accumulation method is a good way to compare term insurance with permanent insurance in this week’s Insurance Tip.