19-03-2015 19:18 via news.yahoo.com

Wall St. pulls back as Fed rally reverses

The greenback rose after a sharp decline on Wednesday, reversing the trades that took markets higher after the Federal Reserve appeared to be more dovish than expected even as it opened the door for a Fed Funds rate hike as soon as in June. The market celebrated that yesterday, and now it's wondering what comes next," said Kevin Caron, market strategist at Stifel, Nicolaus & Co in Florham Park, New Jersey. "The economy seems to be doing better and that could be providing some
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