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The stock market is rising quickly today


seminoles
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I guess this is related to the Fed Interest rate hike? I'm pretty clueless when it comes to the market.

 

well, the market is supposed to NOT like fed rate hikes. BUT...there was a slight fear going around that this could be a half point hike instead of a quarter, so there was some easing of tension there. also, bernake's comments about future rate hikes seemed vague and uncertain enough for investors to think they may hold off on future rate hikes for a while.

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