Gary Poster, with essential assists from Galyn Norwood, Phiroon Phihakendr, Jose Quijada, Pavandeep Kalra. Prospect of hike spike continues to haunt the Street.
Market disses the black turtleneck crowd.
Musings on the American Dream, 1999. Bank and brokerage stocks fell the hardest, while Internet companies performed well in a light-volume day that remained stuck, like yesterday, below 800 million shares changing hands. Investors are anxiously awaiting the Federal Reserve's Federal Open Market Committee meeting to glean clues on interest rates. Ah, the American Dream. Back in the old days, it meant working hard, playing by the rules and squeezing out enough of a living so you could buy your own little three-bedroom home and retire in relative comfort.