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Stock Market Today Moving on FOMC, FB, and ORB News

Good morning! Futures indicate the stock market today will open just a notch above yesterday's close, despite a rally in Europe. The markets are patiently waiting for an announcement after the close of the Fed Open Market Committee's two-day meeting. After the recent market slip - down 6.8% in less than one month - the big question is: "Will the Fed extend QE3?" The most important number to watch today - besides the Dow - is the Federal Reserve's interest rate on fed funds, which will likely remain unchanged at a range of 0% to 0.25%. The post Stock Market Today Moving on FOMC, FB, and ORB News appeared first on Money Morning - Only the News You Can Profit From .
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