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Fed wants to put floor under financial markets-Moody's Sweet
– http://www.reuters.com/business-videos
Moody’s Analytics Senior Economist Ryan Sweet says the Fed wants to remind the markets that its quantitative easing plan is not on a preset course. Bobbi Rebell reports.
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British engineer Rolls-Royce warns that its profits will not rise next year as previously forecast. As David Pollard reports, the revised outlook sent the company’s shares to their lowest level in almost two years.
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Luxury shoemaker Jimmy Choo braves a difficult IPO market with a share offer priced at the bottom of its range. As Melanie Ralph reports, Choo’s market performance is seen by many as a test of IPOs to come.
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After taking a beating all week, U.S. stocks rebounded, with all three major indexes punching back. GE and Morgan Stanley helped spur the rally with solid earnings reports. Bobbi Rebell reports.
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Dovish words from a number of Fed officials – including a hawk – calmed markets and provided fuel for a strong rally. Bobbi Rebell reports.
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