Fed Awaits More Progress To Pare Stimulus

Markets have remained steady and stocks have risen higher on positive earnings reports and optimism that the Federal Reserve won’t start tapering stimulus in the immediate future.

Fed officials are moving closer to a time when they can start reducing the massive bond purchases that have helped keep markets buoyant, but Chair Jerome Powell made it clear that there’s still some ways to go before doing so. This plus an earning’s season that is signaling for a strong economic recovery are giving some good market sentiment today.

Tune in to hear what's moving Thursday's market and where to trade to end up in green.