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H&W in the Media

Stocks Struggle to Hold Gains as Market Processes Fed Minutes

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The S&P 500 was up 0.17% to 2,130 after hitting an intraday record of 2,134, and the Dow Jones Industrial Average climbed 0.03% to 18,318 following a record 18,344. The Nasdaq added 0.32%. Investors are “getting confused by what they believe the consensus of the Fed is,” said Kevin Mahn, managing director of Hennion & Walsh Asset Management, in a call. “The Fed … [is] putting the doubt back in that it may not happen in June. The question then becomes, does it happen in September? If second-quarter GDP disappoints, does it happen in 2015 at all?”

Click here to read the article at thestreet.com.