THIS was a surprise today…

Wednesday, June 22nd 2016 - Rockwell TradingMarket Recap for Thursday, July 14th, 2016   Today all eyes were on the Bank of England (BoE). It was the BoE’s first policy meeting since the U.K. vote to leave the European Union, and traders were anxious to hear how the BoE would respond. With the BoE announcing that rates would stay the same, traders were shocked! However, the committee did indicate that the BoE could offer further stimulus in August. How did this impact trading? Well, traders quickly shrugged off the news…and global markets rallied! In the U.S., stocks opened higher and the S&P and DOW jumped to new record highs. Here’s where the major indices ended the […]

 

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THIS was a surprise today…

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