: :inin Kyiv (EET)

Stocks pause as traders await key economic news


After dawdling between small gains and losses in a slow day of summer trading, the stock market ended little changed on Monday.Instead of worrying about the conflict between Russia and Ukraine or trouble in the world’s other hot spots, investors appeared to sit tight.The main reason, said Robert Pavlik, chief market strategist at Banyan Partners, a wealth management firm, is that the news that’s most likely to move the market comes out later in the week.On Wednesday, the Federal Reserve wraps up a two-day meeting then issues a statement that investors will study for any hints about the Fed’s next …read more

Source: The Jakarta Post

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