U.S. stock market closed flat on Wednesday with concerns over latest policy meeting by the Federal reserve. The stock market rallied shortly after the Fed minutes release at 2 pm. The Dow rose 30 points before falling back with investors concern over interest rate hike in early 2015. The Fed also cut its inflation outlook for the fourth quarter and early next year due to falling oil prices. The lack of inflation could allow the Fed to hold off a little while longer before deciding to raise rates. Employment report along with consumer price data is due on Thursday, which are expected to support the bulls to take the equity market at new highs.
BULLS OF THE STREET (NYSE)
Name
|
Close
Price ( $ )
|
Change
%
|
CGG
ADS
|
10.58
|
23.02
|
Stage
Stores
|
18.78
|
19.31
|
China
Distance Education Holdings ADS
|
17.70
|
18.24
|
Roundys
|
03.88
|
12.14
|
Centrais
Electricas Brasileiras ADS
|
02.28
|
11.22
|
BEARS
OF THE STREET (NYSE)
Name
|
Close
Price (
$ )
|
Change
%
|
North
Atlantic Drilling
|
03.16
|
20.40
|
Cliffs
Natural Resources
|
08.22
|
19.44
|
Constellium
CI A
|
17.85
|
14.88
|
Leju
Holdings ADS
|
12.08
|
14.69
|
E-House
Holdings ADS
|
08.48
|
10.97
|